#趋势交易策略 SEC Cryptocurrency ETF Approval Progress Analysis (July 9, 2025)

Approval Framework Accelerates:

The U.S. SEC is developing a unified listing standard, aiming to simplify the process and reduce the approval time from 240 days to 75 days. The new framework allows eligible issuers to skip the 19b-4 process and directly submit S-1 documents, which could be implemented as early as September.

SOL ETF May Become the Focus:

The SEC has requested that Solana ETF applicants modify their documents by the end of July, potentially accelerating the approval process. Analysts predict that the approval probability for ETFs of altcoins like SOL and XRP could reach 95%, making them the third type of spot cryptocurrency fund after Bitcoin and Ethereum.