#ADA# The SEC has postponed its decision on multiple encryption ETF applications.


[The SEC Delays Decision on Multiple Cryptocurrency ETF Applications] According to Golden Finance, the U.S. Securities and Exchange Commission (SEC) has delayed its approval decision on the application for Bitcoin and Ethereum ETFs by Trump Media & Technology Group's social platform Truth Social. According to documents submitted on Monday, the SEC has extended the approval deadline for the Truth Social ETF to October 8, which is part of the agency's routine process for evaluating dozens of cryptocurrency ETF proposals. Also delayed on the same day were the CoinShares Litecoin ETF, CoinShares Ripple ETF, and 21Shares Ripple ETF, with decision deadlines all pushed to late October. The SEC stated in the document: "The Commission believes it is necessary to extend the review period to fully assess the proposal and relevant issues."
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