Edited By
Raj Patel
A wave of chatter is swelling around the potential approval of the Truth Social Blue Chip ETF, currently stuck in the S-1 filing stage. This ambiguity, along with the vibrant altcoin market, raises questions among crypto enthusiasts about the ETF's future and any ties it might have to crypto allocations.
At present, the Truth Social ETF is in the S-1 stage, which many describe as a draft submission to the SEC. This could mean months of waiting, back-and-forth revisions, or even outright rejection. As one commenter noted, thereβs "no timeline, no guarantee." Meanwhile, others are left wondering: What does the SEC's indecision mean for crypto?
Crypto forums are buzzing with mixed reactions regarding the approval timeline. Expectation among some is cautious optimism, with anticipation ranging from September to December 2025. A comment highlights this sentiment: "Expectations are between September to December regarding SEC no one truly knows."
Conversely, others question the significance of this ETF in the context of altcoin season. A user sharply pointed out, "What exists is an S-1 filing and it has nothing to do with altcoin season or CRO." Another chimed in about the ETF's perceived connection to crypto allocations, stating, "It has a 5% CRO allocation and will be in custody."
Uncertainty Reigns: Many believe that the SEC can delay approval indefinitely, with some calling for clarity.
Realistic Expectations: Most agree the ETF won't be approved soon, eliciting a sigh of impatience from the crypto crowd.
Skeptical Buzz: Some are adamant that the ETF doesn't hold much weight in the current market dynamics, urging users to focus on actual investments.
βThere is no such thing as a βTruth Social Blue Chip ETFβ thatβs approved,β one user remarked, highlighting the speculative nature of the discussion.
π« No guarantee on ETF approval timeline from the SEC.
π¬ "This has nothing to do with CRO"βcommenters divided on relevance.
β¨ Altcoin season is gaining momentum, but ETF's fate remains strong speculation.
The approval process for the Truth Social Blue Chip ETF could reshape some sentiments in the crypto landscape, but right now, it seems like a waiting game. With the bull market roaring, will the SECβs decisions align with crypto ambitions?
There's a strong chance that the SEC will take months to reach a verdict on the Truth Social Blue Chip ETF, given the agencyβs history of lengthy reviews. Experts estimate around a 40% likelihood of approval by the end of 2025, but many insiders caution that more revisions and inquiries could extend this timeline. Market participants should prepare for fluctuations as hopeful signals or regulatory news may sway opinions. As speculation grows, it will be essential for investors to stay informed on regulatory developments that could impact their positions in the ETF arena.
Consider the evolution of social media companies during their IPO launches. Companies like Facebook faced scrutiny from regulators and analysts that stalled their market debut, similar to what's happening with the Truth Social ETF. Just as investors were skeptical and cautious then, a wave of skepticism now engulfs crypto enthusiasts regarding this ETF's potential. The road for new ideas can often be long and winding in the face of regulatory hurdles, which shapes not just the companies involved but also the investing public's trust and enthusiasm.