The U.S. Securities and Alternate Fee (SEC) has postponed its choice on the approval of the Reality Social spot Bitcoin exchange-traded fund (ETF).
The company introduced that it’s going to lengthen the overview interval and invited the general public to offer feedback on the applying.
SEC Opens Public Commenting
The proposal was filed in June 2025 by NYSE Arca on behalf of Trump Media and Expertise Group (TMTG). Nevertheless, the SEC positioned the applying beneath prolonged overview in late July, and on September 16, up to date its docket to permit for public suggestions.
If given the inexperienced mild, the fund can be a commodity-based belief beneath Rule 8.201-E. It will additionally maintain BTC straight and observe the crypto asset’s value minus charges and bills. Yorkville America Digital, LLC is listed because the sponsor, and the ETF would commerce on NYSE Arca.
Trump Media has additionally submitted purposes for different crypto merchandise. These embrace the Reality Social Crypto Blue Chip ETF, lodged in July 2025, which proposes a basket of 5 digital property, together with BTC, ETH, SOL, CRO, and XRP, and a separate fund designed to offer publicity to BTC and ETH.
The SEC has thus far acknowledged the 2 proposals, placing them beneath energetic analysis. It moved its choice on the BTC & ETH funds to October 8, whereas no formal delay has been introduced for the Blue Chip ETF.
Over 92 ETF Purposes Await Decision
The regulator’s Reality Social choice marks the newest in a sequence of postponements beneath its new Chair, Paul Atkins. Greater than 92 crypto ETF purposes stay pending, with the monetary watchdog anticipated to problem a wave of selections in October as soon as a generic itemizing framework is finalized.
Among the many delayed filings are Franklin Templeton’s SOL and XRP ETFs, pushed to November 14 after the SEC used its full 60-day extension. BlackRock’s iShares ETH Belief has been rescheduled to October 30 following a 45-day stretch. The 21Shares SOL and XRP ETFs now face new deadlines of October 16 and 19, whereas WisdomTree’s XRP Fund, filed by Cboe BZX, has been moved to the 24 beneath extended overview.
Different altcoin and meme-based merchandise which have been rescheduled embrace Grayscale’s HBAR Belief and Bitwise’s DOGE ETF, whose choice dates have been modified to November 12.
Nevertheless, the brand new management beneath the Trump administration raises the possibilities of a possible inexperienced mild for these funding merchandise. Analysts like Nate Geraci, president of NovaDius Wealth Administration, have additionally predicted an imminent surge in approvals for altcoin ETFs within the subsequent two months.
The put up SEC Postpones Choice on Reality Social Bitcoin ETF appeared first on CryptoPotato.