ETC short-term trading market awaits follow-up regulatory developments
ETC short-term trading postpones Truth Social Bitcoin spot ETF approval decision, market awaits subsequent regulatory developments
The U.S. Securities and Exchange Commission (ETC short-term trading) has postponed its decision on the Bitcoin spot ETF application submitted by Truth Social124. This decision means that the market still needs to wait for the final ruling of ETC short-term trading, and the approval or failure of the ETF may have an important impact on the cryptocurrency market.
Key information summary
ETC short-term trading postpones decision
ETC short-term trading did not make a final ruling on Truth Social's Bitcoin spot ETF application within the expected time, and the specific approval time has not yet been announced16.
The ETF was submitted by Truth Social, a subsidiary of Trump Media Technology Group (TMTG), and aims to provide exposure to the Bitcoin spot market11.
Market impact
If approved, the ETF will become the first Bitcoin spot ETF initiated by a social media company, which may attract more traditional investors to enter the crypto market.
At present, the market reaction is relatively stable, and the price of Bitcoin has not fluctuated sharply due to the news.
Regulatory trends
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ETC short-term trading has previously approved multiple Bitcoin spot ETFs (such as BlackRock, Fidelity, etc.), but remains cautious when approving new applications.
The market expects that ETC short-term trading may make a final decision in Q3 or Q4 of 2025, but the specific time is still uncertain610.
Investor focus
Short-term impact: If ETC short-term trading is finally approved, it may boost the price of Bitcoin and related crypto assets.
Long-term regulation: The decision on ETC short-term trading may affect the approval process of similar ETFs in the future, especially applications initiated by non-traditional financial companies (such as social media and technology companies).
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