#SECETFApproval
The SEC took a significant step on July 7 by issuing 12 pages of guidance for new crypto securities, establishing clear requirements regarding custody, risk disclosure, and asset classification.
This marks the beginning of a more coherent regulatory policy under the Trump administration, which aims to standardize applications for cryptocurrency ETFs.
A concrete example is the REX‑Osprey Sol + Staking ETF, which raised USD 12 million on its first day and began trading under the 1940 Act.
Additionally, the SEC has set a deadline for refilings of spot ETFs for Solana by the end of July, accelerating potential new approvals.
At the same time, Trump Media requested a “Crypto Blue Chip ETF” with exposure to BTC, ETH, SOL, XRP, and CRO (70/15/8/5/2%).
Conclusion: The SEC is paving the way for the approval of crypto ETFs, with clear regulatory guidance and initial approvals under new rules.