#SECETFApproval Here’s the current status on SEC’s approval of crypto‑related ETFs:
⚖️ 1. Spot Bitcoin & Ether ETFs
• On January 10, 2024, the SEC officially approved spot-Bitcoin ETPs/ETFs (11 launches, including BlackRock, Fidelity, Grayscale) after the DC Circuit court overturned earlier rejections .
• Soon after (May 2024), eight spot-Ether ETFs also gained approval .
2. New SEC guidance & faster approvals
• July 7–10, 2025: The SEC released a 12-page guidance clarifying crypto-ETF disclosure, custody, and risk rules—marking its first big regulatory step under new leadership .
• That same week, SEC implemented a new streamlined process, cutting approval timelines from ~240 to ~75 days .
• As a result, issuers of Solana-spot ETFs were asked to refile by July 31, 2025, with likely approval before the Oct 10 deadline .
3. First US Solana ETF launched
• The REX‑Osprey Sol + Staking ETF (SSK) began trading recently on Cboe BZX via an alternative structure under the Investment Company Act of 1940 .
• Over a dozen other legacy issuers (e.g., Fidelity, VanEck) are lining up to launch similar standalone spot Solana ETFs, thanks to the SEC’s directive .
4. Broader crypto ETF wave ahead
• SEC’s guidance and fast-track framework open the door for altcoin ETFs beyond SOL—think XRP, Dogecoin, Litecoin, even Trump‑backed meme‑coin ETFs .
• Trump Media recently filed for a “Crypto Blue Chip ETF” targeting a basket (Bitcoin 70%, Ether 15%, SOL 8%, XRP 5%, CRO 2%) .
📅 What’s next?
• Expect accelerated approvals (75‑day clock) for Solana ETFs by late summer/fall 2025.
• Following that, XRP, Dogecoin, Litecoin ETF applications will likely move faster.
• Watch for full roll-out of the SEC’s new approval rule (beyond guidance) to see whether this signals long-term commitment or remains experimental.
TL;DR
Crypto ETFs Status Next Steps
Bitcoin & Ether ✅ Approved —
Solana 🟡 In launch Spot ETFs filing by July 31
XRP, DOGE, LTC… 🔜 Pending Will follow new 75‑day rule
Summary
The SEC has officially green-lit spot BTC/ETH ETFs, issued new guidance, cut review timelines nearly in half, and is urging Solana ETF filings with swift approval in sight. This is ushering in a broader “altcoin ETF summer” that could bring diverse crypto funds—including XRP, Doge, Ripple-based, and even meme‑coin ETFs—to U.S. investors later in 2025.$BNB