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Trump's Truth Social Pulls Bitcoin ETF Application From SEC Review

BTC

BTC/USDT

$74,842.50

+7.98%

$74,842.50

+7.98%

(24s)

24h Volume

$38,807,118,646.64

24h H/L

$75,785.82 / $69,234.00

Change: $6,551.82 (9.46%)

Long/Short

52.4%

Long: 52.4%Short: 47.6%

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$74,435.63

▲ 1.93%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$74,435.63

Support 1$73,674.39

Support 2$71,775.79

Support 3$70,580.26

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):82.2

Decrypt Editorial

(10:04 AM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

In brief

Trump Media & Technology Group has withdrawn its Bitcoin and Bitcoin-Ethereum ETF applications.
Sponsor and investment advisor Yorkville America said that it will pursue a different regulatory framework under the '40 Act instead of the '33 Act.
The withdrawal highlights intense fee pressure in the $57.4 billion U.S. spot Bitcoin ETF market, following the launch of Morgan Stanley's…

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