Government Shutdown Causes Crypto ETF Delay at SEC
The U.S. government is partially shut down, and that’s thrown a wrench into the SEC’s regular activity. One of the biggest consequences right now is the halt on reviewing applications for spot altcoin ETFs. For investors hoping to see new crypto funds approved soon, especially ones linked to Solana and other popular tokens, the wait just got longer.
The SEC has a contingency plan for situations like this, and it clearly states that only emergency cases will be reviewed during a shutdown. Everything else, including new financial product applications, is off the table for now. That leaves crypto ETF filings stuck in limbo.
The agency was in the middle of handling more than 90 applications for altcoin ETFs. Several of…
