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Shutdown Risk Clouds SEC Crypto ETF Timeline as October Deadlines Near

A possible federal shutdown could furlough SEC staff, pausing October crypto ETF decisions.

Overview

  • The SEC recently shifted issuers to generic listing standards by asking exchanges to withdraw 19b-4 filings, signaling a faster path to listings under the new regime.
  • Several spot crypto ETFs, including Solana and Litecoin funds, face October decision deadlines now vulnerable to delay if a shutdown occurs.
  • Canary Capital’s proposed Litecoin ETF has an Oct. 2 response date that could slip if reviews halt during a funding lapse.
  • A shutdown would leave only a skeleton SEC team for essential work, and it is unclear whether crypto ETF reviews qualify for that designation.
  • Analysts and prediction markets highlight rising uncertainty over timing, even as issuers have amended S-1s and some approvals are considered close by industry sources.