The SEC is reviewing the Truth Social Bitcoin ETF application, following the June 3, 2025 submission of the 19b-4 filing, as part of its formal review process.

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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’s review process for the Truth Social Bitcoin ETF will include a public comment period and multiple evaluation stages, with a final decision expected in the coming months.