<ul data-eligibleForWebStory="false"><li>The SEC has acknowledged Trump Media's application for a dual Bitcoin and Ethereum ETF, starting a review process for a potential first crypto ETF backed by both cryptocurrencies.</li><li>The proposed Truth Social ETF will allocate 75% to Bitcoin and 25% to Ethereum, with Crypto.com as the custodian. It aims to provide regulated exposure to these cryptocurrencies for investors.</li><li>The SEC has also delayed the decision on Fidelity's spot Solana ETF but is engaging in ongoing dialogue, seen as a positive step for crypto ETFs.</li><li>Analysts view the SEC's interactions and acknowledgments of crypto ETF proposals as indications of progress towards mainstream approval and the diversification of crypto investment products.</li></ul>

New Chapter in Crypto Regulation: Trump’s Truth Social, Bitcoin, and Ethereum ETF Could Be Close To Approval

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