Trump Media Technology Group has officially withdrawn its proposed Bitcoin ETF filing with the U.S. Securities and Exchange Commission (SEC), marking a major setback for the companys crypto expansion plans. The move comes as U.S. spot Bitcoin ETFs face significant capital outflows, highlighting growing uncertainty in the cryptocurrency investment market. According to a filing submitted to the SEC on May 19, Trump Media requested the withdrawal of its Form S-1 registration statement tied to the proposed Truth Social Bitcoin ETF. The company stated it decided not to proceed with the public… Read more
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