<ul data-eligibleForWebStory="false"><li>SEC has shortened the deadline for financial institutions looking to issue exchange-traded funds on the Solana blockchain platform, giving them until July 31 to refile applications.</li><li>This move by the Securities and Exchange Commission (SEC) suggests an accelerated timeline for potential approval of the funds, differing from the previous deadline of October 10.</li><li>The SEC's apparent urgency, not officially communicated, could indicate a push by regulators to make these funds available to retail investors under the pro-crypto stance of the Trump administration.</li><li>While the SEC approved spot ETFs for bitcoin and ether, this faster deadline for Solana ETFs may hint at potential approval for crypto ETFs in general, with some ETFs already pending approval after Rex Shares' recent successful launch.</li></ul>

Report: Solana ETF Issuers Face Shortened Deadline From SEC

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