SEC Kicks the Can Again: Truth Social & Grayscale Crypto ETFs Left in Regulatory Limbo

The SEC just hit snooze on two high-profile crypto decisions—again. Here's why it matters.

Regulatory purgatory continues

No greenlight, no rejection—just another delay for Trump's Truth Social ETF and Grayscale's latest crypto fund. The SEC's move keeps both proposals stuck in bureaucratic quicksand while the crypto market keeps evolving without them.

What's really behind the stall?

Some see caution, others see foot-dragging. Either way, the delay screams 'we're not ready' as institutional demand for crypto products hits record highs. Classic regulators—always fighting the last war while missing the next opportunity.

The irony? This comes as BlackRock quietly positions itself to dominate both political and crypto ETF markets. Maybe the SEC moves slow, but Wall Street's sharks never stop circling.