#SECETFApproval
šØ SEC ETF Approval ā Crypto Market Braces for a New Wave of Listings
As of July 8, 2025, the U.S. Securities and Exchange Commission (SEC) is actively reviewing over 50 crypto ETF filings, including proposals tied to Solana (SOL), XRP, and Cardano (ADA). The agency is working on a new framework that could cut approval times from 240 days to just 75 days, signaling a major shift in regulatory momentum.
š Key Developments:
ā Grayscale Win: The SEC has approved Grayscaleās Digital Large Cap Fund conversion into a full ETF, boosting confidence across altcoin markets.
ā Solana Spotlight: Nine new Solana ETF applications are under review, with issuers asked to refile by end of Julyāpotential approvals could arrive before October 10.
ā Trump Media Filing: Trump Media & Technology Group seeks approval for a blue-chip crypto ETF including BTC, ETH, SOL, and XRP.
ā New Standards Incoming: The SEC is finalizing listing rules to streamline ETF launches, focusing on custody, liquidity, and NAV calculation.
š„ Binance Square creatorsāthis is your moment to break down ETF mechanics, spotlight altcoin potential, and guide your audience through the next wave of crypto adoption.