#SECETFApproval #SECETFApproval Here is the complete translation into Arabic of the summary #SECETFApproval:
💼 The U.S. Securities and Exchange Commission (SEC) launches a new framework for exchange-traded funds (ETFs) in digital currencies.
The new 75-day rule: Starting from July 1, 2025, the SEC proposed a streamlined review process to expedite approvals, reducing the approval duration from about 240 days to up to only 75 days for digital currency ETF applications under the Securities Act.
The first official guidelines issued: The agency released a 12-page guidance document outlining disclosure standards — including custody, risks, and transparency — representing a significant regulatory shift.
A standardized listing model coming soon: The SEC is currently developing a new standard model for ETF listings, as an alternative to the dedicated filings (19(b)(4)), to simplify the process and ensure consistency.
🚀 Alternative coin ETFs are on the horizon.
Spot Solana ETFs are advancing rapidly: Applicants are required to resubmit their filings before the end of July, with quick approvals expected before October 10.
Fidelity's Solana fund entered a regulatory pause that includes a 21-day public comment period followed by 14 days for responses.
Bloomberg analysts estimate the likelihood of approval for Solana funds at over 95% under this accelerated approach.
🧩 Broader momentum for the ETF market.