#SECETFApproval The SEC is accelerating the reviews of Solana ETFs, requesting amendments to the S-1 filings by the end of July, with possible approvals before the October 10 deadline. A new simplified framework could reduce approval times from 240 to 75 days, benefiting more than 50 pending cryptocurrency ETFs, including Solana, XRP, and Dogecoin. The REX-Osprey SOL Staking ETF (SSK) has already launched under alternative rules, pressuring the SEC to accelerate Solana ETFs in the spot market. Meanwhile, the SEC's guidance now requires clearer disclosures on custody, staking, and risks for cryptocurrency ETFs, indicating a shift towards standardized rules. Analysts give Solana ETFs **90% approval odds** in 2025, with XRP at 85%. **Trump Media** has also submitted an application for a multi-crypto ETF (BTC, ETH, SOL, XRP). Institutional demand is increasing, with Solana ETFs likely next after Bitcoin and Ethereum.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.