SEC Hits Pause Again: Trump-Backed Bitcoin ETF and Major Crypto Funds Face Another Delay
The U.S. Securities and Exchange Commission (SEC) just kicked the can down the road—again. High-profile Bitcoin ETFs, including one with Trump’s endorsement, remain in regulatory limbo. Here’s why Wall Street’s favorite procrastinators aren’t ready to play ball.
Regulatory Gridlock: No Green Light for Crypto
The SEC’s latest delay isn’t surprising—just frustrating. Institutional investors are chomping at the bit, but the agency keeps moving the goalposts. Meanwhile, crypto markets shrug it off like another Tuesday.
Trump’s Bitcoin Bet Stuck in Bureaucracy
The politically charged ETF, backed by the former president’s allies, is now collateral damage in the SEC’s slow-motion approval marathon. Guess even 'America First' can’t bypass red tape.
Cynical Finance Jab: At this rate, the ETFs might launch when Bitcoin’s back at $100K—or when the SEC finally admits it’s been mining Monero this whole time.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.