US SEC sets Solana ETF re-filing deadline in July

Odaily News The U.S. Securities and Exchange Commission (SEC) is urging issuers to revise and resubmit applications for spot Solana ETFs by the end of July, suggesting that approval will be faster than expected. Previously, REX-Osprey SOL and Staking ETFs were automatically approved and began trading last week under different regulatory rules, which means that the spot Solana ETF will join the ranks of Bitcoin and Ethereum as the only approved spot cryptocurrency funds in the United States, while applications for XRP, Dogecoin and Litecoin are still awaiting review. (CoinDesk)