The U.S. Securities and Exchange Commission (SEC) is urging issuers to revise and resubmit spot Solana ETF applications before the end of July, suggesting a faster-than-expected approval timeline. This comes after the REX-Osprey SOL and Staking ETF received automatic approval and began trading last week under different regulatory rules, meaning a spot Solana ETF would join Bitcoin and Ethereum as the only spot cryptocurrency funds approved in the U.S., while applications for XRP, Dogecoin, and Litecoin are still pending. (CoinDesk) [Odaily Planet Daily]