Deep Tide TechFlow News, May 20th, according to Cointelegraph, the asset management company Yorkville America, behind Trump’s Truth Social, announced the withdrawal of three previously submitted crypto ETF applications to the SEC, involving Truth Social Bitcoin ETF, Bitcoin and Ethereum ETF, and Crypto Blue Chip ETF. The company stated it will shift from the framework of the Securities Act of 1933 to the Investment Company Act of 1940 to offer more innovative products and enjoy stronger investor protection and tax advantages, but did not explicitly state whether it will continue to pursue crypto ETFs under the new framework.

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