Overview

• The SEC says it will not review or approve applications during the funding lapse, limiting work to emergencies and pausing routine ETF actions.
• More than 90 spot altcoin ETF proposals were in queue, and analyst expectations for early October decisions—led by Solana—now look unlikely until normal operations resume.
• Canary Capital’s spot Litecoin ETF received no action on its expected Oct. 2 date, leaving the filing in limbo as the relevance of former 19b‑4 deadlines has faded.
• Issuers have been asked to withdraw 19b‑4 exchange‑rule filings after approval of generic listing standards, shifting the gatekeeping to S‑1 registration effectiveness by Corporation Finance.
• Major managers continue to update S‑1s for Solana products and a newly listed SOL staking fund logged initial inflows, while crypto prices broadly rose despite the regulatory pause.