Six spot XRP exchange-traded funds (ETFs) await SEC approval in the US, with final deadlines for October, and they can reshape market conditions following their debut.

The regulatory backdrop underwent a significant change on Sept. 17, when the SEC approved generic listing standards for crypto-related ETFs across major exchanges.

As a result, Bloomberg senior ETF analyst Eric Balchunas noted on Sept. 29 that approvals on altcoin ETFs are not a matter of “if,” but “when.”

However, timing still depends on Washington. During the federal shutdown, the SEC is operating with a skeleton crew and does not process registration statements, pausing the launches of ETFs until funding resumes.

Once staff return, effectiveness orders can be…