#SECETFApproval
๐ SEC Crypto ETF Approval Pipeline 2025: Whatโs Coming Next? ๐
๐ 1. New SEC Guidelines & Streamlined Framework
๐๏ธ July 1, 2025: SEC issued 12-page disclosure guidance covering custody, risk, staking, and redemption.
โก Fast-track listing: Nasdaq and Cboe working with SEC to shorten crypto ETF approval window from ~240 to just 75 days.
๐ช 2. Spot Altcoin ETFs in the Pipeline
โ Solana (SOL) ETFs
โณ Deadline: Amended S-1s due end of July.
๐ฏ Target approval: As early as late July to early August.
๐ฅ Already launched offshore: REX-Osprey SOL + Staking ETF (SSK) hit $12M on Day 1.
๐ Other Altcoins
Applications in progress for:
โ XRP, Dogecoin, Litecoin, Cardano, SUI, TRX
โ Even meme-based ETFs (๐ Trump-themed)
๐ Odds: Bloomberg analysts estimate 90%+ chance of approvals by Q4 2025.
๐ง 3. Key Players & Market Dynamics
โ Major issuers filing aggressively:
โ VanEck, Bitwise, Grayscale, 21Shares, Canary Capital
โ Push for โโ๏ธ first-to-file = first-to-approveโ fairness.