#SECETFApproval is making waves in the crypto universe! In July 2025, the SEC accelerates ETF approvals, with 54 applications underway, including Solana, XRP, and HBAR. A clarified regulatory framework, with 12 pages of guidelines published on July 1, aims to reduce approval timelines to 75 days. Grayscale has received the green light for a multi-token ETF (BTC, ETH, SOL, XRP, ADA), but its sudden suspension raises eyebrows. Solana could join Bitcoin and Ethereum by October, boosting institutional adoption. Investors welcome this turning point, despite lingering uncertainties.
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