$SOL ETF Approvals Fast-Tracked as SEC Demands July Deadline for Refilings


The Securities and Exchange Commission is pushing Solana ETF issuers to refile applications by July's end.


This timeline suggests approvals could come months ahead of the Oct. 10 statutory deadline.


The acceleration follows the automatic approval of REX-Osprey's $SOL staking ETF last week.


The SEC previously requested amendments including in-kind redemption language and staking provisions.


The Commission wants to prevent first-mover advantages as seen with the REX-Osprey fund.


Spot $SOL ETFs would become the third approved crypto fund category after $BTC and $ETH.


Outstanding applications for $XRP, $DOGE, and $LTC funds remain under review.


Sources indicate regulatory pressure to maintain smooth approval processes for #crypto products.


Multiple issuers are competing for the first spot #Solana ETF launch in the #market.

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July 07, 2025 at 11:17 PM