US SEC Delays Approval of Truth Social and Multiple Crypto ETFs Again

Foresight News reports, citing The Block, that the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin and Ethereum ETFs until October 8. Earlier this week, the SEC also routinely delayed the approval of the CoinShares Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF. The review of the related XRP Trust and the 21Shares Core Ethereum ETF staking proposal has also been postponed. The SEC stated that more time is needed to consider the proposed rule changes and the issues involved.