#SECETFApproval In July 2025, the U.S. SEC took major steps toward expanding crypto ETF access by issuing new guidance to streamline approvals and reduce review times. The Commission accepted filings for spot Bitcoin and Ethereum ETFs, including one from Trump Media, and urged issuers to refile Solana ETF applications ahead of an expected October approval. Notably, the SEC approved Grayscale’s Digital Large Cap Fund to convert into a multi-asset crypto ETF featuring BTC, ETH, SOL, XRP, and ADA. These developments signal a significant regulatory shift, paving the way for broader institutional participation in crypto markets through ETFs and marking a turning point in the integration of digital assets into traditional finance.