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SEC Punts on Trump Media Bitcoin and Ethereum ETF Decision, Plus XRP and Dogecoin Funds
The U.S. Securities and Exchange Commission has delayed its decisions on an exchange-traded fund proposed by Donald Trump's media and technology company to track the performance of Bitcoin and Ethereum and seven other ETFs based on single digital assets. In a filing Monday, the regulator said that it moved its deadline back 45 days for weighing in on the Truth Social Bitcoin and Ethereum ETF to October 8. It announced identical delays for applications filed for spot XRP funds by Grayscale, CoinShares, Canary Capital, Bitwise and 21Shares, a spot Dogecoin ETF from Grayscale, and a spot Litecoin product from ... (full story)
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