Ethereum News Today: SEC Delays Truth Social Bitcoin and Ethereum ETF Decision to October 2025

The U.S. Securities and Exchange Commission (SEC) has extended the review period for an ETF tied to Bitcoin and Ethereum offered by Truth Social, a platform operated by Trump Media & Technology Group [1]. The regulator has pushed the decision deadline for the ETF to October 8, 2025, indicating the need for further review amid ongoing regulatory scrutiny [2]. This move comes as part of a broader pattern, with the SEC also delaying decisions on several other crypto ETF proposals, including those related to XRP, Dogecoin, and Litecoin [3].

The Trump Media ETF, which aims to track the performance of Bitcoin and Ethereum, has drawn significant attention due to its high-profile backing [1]. The SEC’s decision to extend the review period, rather than reject the proposal outright, reflects a cautious approach that has become common in the evaluation of crypto-related investment products. The 45-day extension is a standard practice when regulators require more feedback from stakeholders [2].

Alongside the Trump Media filing, the SEC has also postponed decisions on XRP spot ETFs from Grayscale, Bitwise, CoinShares, Canary Capital, and 21Shares [3]. The delay is not limited to emerging tokens—Dogecoin and Litecoin ETFs have also been affected, with the latter’s proposal being reviewed for the second time in recent months [4]. Additionally, the SEC has delayed a proposal to add staking functionality to the 21Shares Core Ethereum ETF, which would allow the fund to generate staking rewards for investors [5].

Industry experts have suggested that while these delays may slow the momentum of crypto ETF adoption, they are not necessarily a sign of rejection. Bloomberg ETF analyst Eric Balchunas noted that the delays appear to be strategically timed, potentially aligning with anticipated rule changes from exchanges like Cboe BZX and NYSE Arca [6]. These amendments could streamline the approval process by reducing the need for lengthy, case-by-case reviews under Rule 19b-4 [7].

The broader trend suggests that the SEC is navigating a complex regulatory landscape, balancing innovation with investor protection. Analysts have emphasized that the delays do not reflect a fundamental opposition to crypto ETFs but rather a careful evaluation process to ensure market readiness [2]. If these rule changes are approved, they could lead to a wave of approvals later in 2025, potentially starting in October [5].

The regulatory uncertainty has created a challenging environment for companies seeking to introduce crypto-based investment products to the mainstream market. However, the sheer volume of filings—from major firms and high-profile platforms alike—demonstrates continued institutional interest in cryptocurrency as an asset class [3]. The outcome of the SEC’s decisions in October could significantly shape the trajectory of the crypto market and influence future regulatory approaches to digital assets [5].

Source:

[1] [SEC Delays Decision on Truth Social ETFs Amid Political](https://web.ourcryptotalk.com/news/us-sec-extends-review-period-for-truth-social-etfs)

[2] [SEC pushes back decisions on Truth Social, Solana, XRP ...](https://www.tradingview.com/news/cointelegraph:776d2703b094b:0-sec-pushes-back-decisions-on-truth-social-solana-xrp-crypto-etfs/)

[3] [SEC Postpones Decision On Three XRP ETFs Till October](https://coingape.com/sec-delays-decision-on-xrp-etf/)

[4] [SEC Delays Decision on Bitcoin, Ethereum ETF Applications](https://coincu.com/news/sec-delays-bitcoin-ethereum-etf-2/)

[5] [Ethereum News Today](https://decrypt.co/crypto-news/ethereum)