#XRPETF SEC has accepted the filing for a Grayscale SOL ETF

This has brought into discussion the Solana filings rejected since December, highlighting that the SEC's current actions reflect a potential for the acceptance of more crypto ETFs.

Recently, the regulator acknowledged the filing for a Grayscale Solana ETF, and the final deadline for the application is likely to be in October.

This was an important move, considering that SOL was previously accused of being a security, a point also emphasized by Bloomberg analyst Eric Balchunas.

Seyffart also stated that the SEC's latest actions signify a positive sign for any entity facing an active lawsuit in which the regulator claims that SOL is a security.

If more crypto ETFs were accepted by the SEC, this would equate to an open door for more institutional investments in crypto.

Notably, today, the price of DOGE has risen by over 3% and XRP has increased by over 10%.

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