Several highly anticipated cryptocurrency ETFs, including those tied to Solana (SOL $235.90) and Litecoin (LTC $119.69), could face delays if the U.S. government shuts down this week. Asset managers have been revising S-1 filings with the SEC, a sign that approvals may be imminent, but a shutdown could stall regulatory progress.
Spot Solana ETF applications are reportedly closest to approval, with most SEC comments addressed and final filings expected shortly. Adding momentum, the SEC recently requested that listing exchanges resubmit 19b-4 filings under updated General Listing Standards, signaling preparation for new product launches.
October is a critical month for ETF approvals. Canary Capital’s Litecoin ETF faces an October 2 response deadline, while several other applications have deadlines between October 10 and 24. A government shutdown could leave these timelines in limbo, as only essential SEC operations would continue.
Although some approvals might proceed if the SEC has already completed internal paperwork, the outcome remains uncertain. Following last year’s approvals of multiple spot Bitcoin ETFs, the push to expand crypto offerings continues, but political developments may now dictate the timing.
