The U.S. SEC has issued new guidance and pushed issuers of Solana and multi‑crypto ETFs to refile updated S‑1s by late July—signaling a faster approval path for spot Solana funds before October . Meanwhile, Grayscale’s multi‑cryptocurrency ETF—including Bitcoin, Ethereum, XRP, Solana, and Cardano—received conversion approval from the SEC, though the actual launch is temporarily paused due to a brief regulatory stay .

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