Overview

• The SEC said it will only handle emergencies during the federal funding lapse, freezing routine reviews and product approvals.
• More than 90 pending spot altcoin ETF applications, including Solana, XRP, Cardano, Litecoin and Dogecoin, are on hold after being slated for early- to mid-October decisions.
• Issuers and analysts say the pause adds costs and could push launches beyond October, with timing dependent on when normal operations resume.
• A journalist reported the SEC asked issuers to withdraw 19b-4 filings after approval of generic listing standards, moving focus to S-1 registrations, but the agency is not processing these during the shutdown.
• Crypto prices have risen despite the pause, with Bitcoin near $120,000 and several altcoins logging multi-percent gains, even as proposals such as Canary Capital’s Litecoin ETF remain in limbo.