#SECETFApproval

The SEC took a monumental step today towards the regulation of cryptocurrency ETFs by publishing a new 12-page guide on disclosure requirements, custody, and risks. This framework streamlines the process, promising to reduce the approval time from ~240 to ~75 days, and paves the way for more ETFs of Solana, XRP, DOGE, and Litecoin.

Additionally, Trump Media & Technology filed an application (S‑1) to launch its "Crypto Blue Chip ETF," which would include a cryptocurrency portfolio —70% Bitcoin, 15% Ethereum, 8% Solana, 5% CRO, and 2% XRP— in partnership with Yorkville and Crypto.com.

This move demonstrates a greater institutional commitment to crypto assets in the U.S.