The SEC has 45 days to issue an initial decision or delay the application, following the submission of the 19b-4 filing for the Truth Social Bitcoin ETF on June 3, 2025, with up to 240 days allowed for a final verdict.

Quotes that support claims

The 19b-4 filing of the Truth Social Bitcoin ETF effectively initiates the SEC’s review process, and it must decide whether to accept, reject or delay the application within 45 days. It can delay its decision multiple times, for a maximum review period of 240 days.

The SEC now has 45 days to issue a decision or delay the filing. Under current rules, the agency can take up to 240 days to reach a final verdict, with the latest decision deadline falling on Jan. 29, 2026.