According to The Block, it seems that the US SEC is about to approve multiple spot cryptocurrency ETFs, and key stakeholders are considering a framework that could accelerate the listing process. Sources said that last week, the SEC raised questions about details such as staking in a SOL ETF proposal, but the communication was constructive. According to informed sources, approval is only a matter of time, but the specific time is uncertain. On Tuesday, at the WOLF Trading event, Gregory King, founder of Osprey Funds and Rex Shares, stated that the SEC's attitude has changed, and although it will not act arbitrarily, it supports cryptocurrency. Last week, the SEC approved a hybrid cryptocurrency fund for Grayscale, but the approval was subsequently suspended. According to insiders, the SEC is advancing in stages, starting with Bitcoin and then Ethereum, and now considering hybrid asset ETFs. At present, the SEC is formulating listing standards and plans to shorten the review period. This measure is driven by the exchange and will be in line with traditional ETF practices. 21Shares stated that they have not had direct dialogue with the SEC, but believe that the new framework can reduce the complexity and uncertainty of listing. Bloomberg Industry Research ETF analyst James Seyfart expects the framework draft to be released this month and implemented in September or October, when the floodgates for other asset ETFs will open. Analyst Eric Balchunas recently estimated that the likelihood of SEC approval for ETFs tracking SOL, XRP, and LTC is 95%, and the likelihood of approval for ETF proposals tracking Dogecoin, Cardano, and Polkadot is also high, at around 90%.