#SECETFApproval

The SEC has shifted gears, issuing its first comprehensive guidance on crypto ETF disclosures—covering custody, market‑manipulation vigilance, and in-kind redemption processes ([][1]). Multi‑crypto ETFs are gaining traction: Grayscale’s Digital Large Cap Fund (BTC, ETH, SOL, XRP, ADA) was green‑lit for conversion to a spot ETF on July 1 ([][2]). Meanwhile, the SEC is speeding approvals—reducing review timelines from \~240 down to \~75 days ([][3]). Solana spot ETF applications require re‑filings by end‑July, potentially accelerating pre‑October approvals ([coindesk.com][4]). Ripple (XRP) futures ETF decisions are also due in July ([][5]). Altogether, these developments mark a more streamlined and institutionalized crypto‑ETF landscape under the SEC’s evolving regulatory playbook.