Foresight News reports that the U.S. Securities and Exchange Commission (SEC) has set the re-filing deadline for the Solana ETF to July and is urging issuers to modify and resubmit their spot Solana ETF applications before the end of July, which may suggest that approval speeds will be faster than expected. Previously, the REX-Osprey SOL and Staking ETFs were automatically approved and began trading last week under different regulatory rules. Currently, applications for XRP, Dogecoin, and Litecoin are still awaiting review.

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