Deep Tide TechFlow news, on July 7, according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) is urging issuers to revise and resubmit their applications for the spot Solana ETF before the end of July, suggesting that the approval process will be faster than expected. Previously, the REX-Osprey SOL and Staking ETF received automatic approval and began trading last week under different regulatory rules, meaning the spot Solana ETF will join Bitcoin and Ethereum as the only approved spot cryptocurrency fund in the U.S., while applications for XRP, Dogecoin, and Litecoin are still pending review.