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

BTC

BTC/USDT

$84,603.56

+1.67%

$84,603.56

+1.67%

(24s)

24h Volume

$19,099,828,520.53

24h H/L

$84,942.45 / $83,156.00

Change: $1,786.45 (2.15%)

Long/Short

56.8%

Long: 56.8%Short: 43.2%

Funding Rate

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Longs pay

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Bitcoin

Daily

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▲ 0.28%

Volume (24h): -

Resistance Levels

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Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,644.26

Support 1$84,364.01

Support 2$81,859.10

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):66.0

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Trump Media & Technology Group has withdrawn its Bitcoin and Bitcoin-Ethereum ETF applications.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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