[2026-05-20] The latest IT, economic, blockchain and coin news
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2026-05-20 | Curator: CryptoTerminal
Trump's Truth Social Pulls Bitcoin ETF Application From SEC Review
The firm behind Donald Trump's social media platform Truth Social has filed to withdraw its applications for crypto exchange-traded funds, abandoning plans for both Bitcoin and Bitcoin-Ethereum ETFs. In its filing, Trump Media & Technology Group stated that “The Company has determined to withdraw the Registration Statement and not to pursue the public offering at this time.”
The firm cited a shift in regulatory strategy for the withdrawal. Steve Neamtz, president of Yorkville America, the spons...
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