#SECETFApproval Here is the complete translation into Arabic of the #SECETFApproval summary:

💼 The U.S. Securities and Exchange Commission (SEC) launches a new framework for exchange-traded funds (ETFs) in digital currencies.

The new 75-day rule: Starting from July 1, 2025, the SEC proposed a streamlined review process to expedite approvals, reducing the approval timeframe from around 240 days to as little as 75 days for digital currency ETF applications under the Securities Act.

The first official guidelines issued: The commission has released a 12-page guidance document outlining disclosure standards — including custody, risks, and transparency — marking an important regulatory shift.

Unified listing model coming soon: The SEC is currently developing a new standard model for ETF listings, replacing customized filings (19(b)(4)), to simplify the process and ensure consistency.

🚀 Alternative coin ETFs on the horizon.

Spot Solana ETFs are moving quickly: Applicants are required to resubmit filings before the end of July, with rapid approvals expected before October 10.

Fidelity's Solana fund is in a regulatory pause period including 21 days for public comments followed by 14 days for responses.

Bloomberg analysts estimate the likelihood of approval for Solana funds at over 95% under this accelerated approach.

🧩 Broader momentum for the ETF market.