#SECETFAapproval

SEC Sets July Deadline for Solana ETF Refilings, Clearing Path for Pre-October Approval

The first final deadline for a spot Solana exchange-traded fund is October 10, but the Securities and Exchange Commission is under pressure to keep the approval process moving smoothly, sources say.

What to know:

The SEC is pushing issuers to amend and refile applications for spot Solana ETFs by the end of July, hinting at faster-than-expected approvals.

The move follows the automatic approval of the REX-Osprey SOL and Staking ETF, which began trading last week under different regulatory rules.

Spot Solana ETFs would join bitcoin and ether as the only approved spot crypto funds in the U.S., with applications for XRP, Dogecoin and Litecoin still pending.