#SECETFApproval
On July 8, Trump Media & Technology filed for an ETF comprising bitcoin (70%), ethereum (15%), solana (8%), Ripple (5%), and Crypto.com token (2%). The forthcoming second-phase guidance aims to replace individual 19(b)(4) filings with a standardized listing rule—potentially cutting approval times from roughly 240 days to around 75...
... The SEC is actively paving the way for faster and more standardized approvals, with several crypto spot‑ETF applicants, including major players like $BTC bitcoin, $ETH ethereum, $SOL solana, and XRP, already in the queue