#SECETFApproval Regulatory Steps — SEC Changes Course

• The SEC has released a new 12-page guide to crypto-ETFs that sets clear rules regarding asset custody, risk management, and disclosure — a significant signal of its more friendly approach to the crypto market.

• The appropriate application and revisions were prepared by the end of July to expedite the approval of the spot Solana ETF ahead of the previous deadline — no later than October 10, 2025.