In brief
- SEC decisions on applications for spot altcoin ETFs are on hold during the government closure.
- Analysts have been expecting the agency to approve Solana funds early this month.
- The regulator is weighing more than 90 applications for funds tracking different cryptos, combinations of tokens and digital asset strategies.
Investors expecting U.S. Securities and Exchange Commission approvals for a range of exchange-traded funds tracking various altcoins will have to wait longer, as the partial government shutdown lingers.
The regulator said that it would “not review and approve applications” for products or provide other “non-emergency support to registrants” during the closure, as outlined in a contingency operations plan…
