SEC Postpones Decision on Truth Social Crypto ETF Amid Political Implications

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 18 2025

SEC's Ruling Delay: The SEC has postponed its decision on Truth Social’s Bitcoin and Ethereum ETF to October 8, marking the first delay since the proposal was filed in June.
Political Context: The review carries significant weight due to President Trump's financial interests in Trump Media & Technology Group, raising concerns about conflicts of interest.
Watchdog Criticism: Accountable.US has urged the SEC to reject the ETF proposal, citing TMTG's weak financials and potential consumer complaints against its proposed custodian, Crypto.com subsidiary Foris DAX.
Regulatory Challenges: The SEC faces a dilemma; approving the ETF could be seen as favoritism towards Trump's business, while rejecting it may lead to accusations of political bias, complicating the regulatory landscape.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

SEC Postpones Decision on Truth Social Crypto ETF Amid Political Implications

About the author

Top News

Ford Announces $19.5B EV Restructuring Charges

Fed Cuts Interest Rates Amid Economic Concerns

SpaceX Targets $800 Billion Valuation in Secondary Sale

U.S. Consumer Sentiment Slightly Improves in December

Related Articles

Commvault Survey Reveals Rising Data Security Concerns Among New Yorkers

SEI Appoints Carl A. Guarino as Chairman, Initiating Leadership Transition

People Also Watch