#SECETFApproval ### **SEC Crypto ETF Approval: Latest Updates and Key Developments (July 2025)**

The U.S. Securities and Exchange Commission (SEC) is undergoing a major shift in its approach to cryptocurrency ETFs, with a focus on streamlining approvals and expanding access to digital asset investment products. Below is a breakdown of the latest developments, regulatory changes, and expected timelines for crypto ETF approvals.

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## **1. SEC’s New Framework for Faster Crypto ETF Approvals**

The SEC has introduced a **streamlined approval process** that could reduce the review time for crypto ETFs from **240 days to just 75 days** by replacing the cumbersome **19b-4 form** with a **general listing standard**.

- **Key Changes:**

- **Single S-1 filing** replaces the previous two-step process (19b-4 + S-1).

- **Standardized listing rules** for crypto ETFs, similar to traditional ETFs, allowing exchanges to self-approve compliant products.

- **Disclosure requirements** now mandate "plain English" explanations of custody, staking, and risks.

- **Expected Impact:**

- Faster approvals for **Solana (SOL), XRP, and Litecoin (LTC) ETFs**, with analysts predicting **95% approval odds**.

- Potential **"altcoin ETF summer"** as asset managers rush to file new products.

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## **2. Solana ETFs Leading the Next Wave**

The SEC has set a **July deadline** for amended filings for **spot Solana ETFs**, signaling potential approval **before October 10, 2025**.

- **Why Solana?**

- **Futures market exists** (CME-listed SOL futures), a key SEC criterion.

- **Staking integration**—REX-Osprey’s **SOL + Staking ETF (SSK.Z)** already launched, bypassing traditional rules.

- **High institutional demand**—VanEck, Fidelity, and 21Shares have filed for SOL ETFs.

- **Timeline:**

- Final SEC decision due **October 10, 2025**, but approvals could come earlier.

- If approved, Solana would join **Bitcoin and Ethereum** as the third major crypto with a U.S. spot ETF.

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## **3. Staking ETFs: A Game-Changer for Ethereum an