Litecoin ETF approval stalls as the US government shutdown halts SEC reviews

A long-awaited Litecoin exchange-traded fund (ETF) is still on the horizon, but the US government shutdown has clouded the approval ￰1￱ has left issuers and investors guessing what could be the next ￰2￱ global digital assets market printed green indexes all around amid the rising ￰3￱ cumulative crypto market cap jumped almost 4% over the last 24 hours to stand at $4.16 ￰4￱ price ran up to breach $120k mark while Ethereum regained $4,500. Confusion grows over Litecoin ETF deadline Eleanor Terrett, in a post, stated that the Securities and Exchange Commission still needs to sign off on the S-1 filing for the Litecoin ￰5￱ the agency running on a skeleton crew, she noted, “it’s unclear what remaining staff are working or what their priorities are at the moment.” The confusion stems partly from a recent procedural ￰6￱ September, the SEC asked issuers to withdraw their 19b-4 filings after adopting a new generic listing ￰7￱ shift technically makes deadlines less ￰8￱ hinted that the Litecoin ETF’s “due date” may no longer ￰9￱ added that the commission is not able to respond to many press inquiries due to the ￰10￱ I understand it, the shutdown could affect the $LTC ETF approval because the @SECGov still needs to sign off on the S-1 and the agency is operating on a skeleton crew.

It’s unclear what remaining staff is working/what their priorities are at the ￰11￱ the generic… ￰0￱ — Eleanor Terrett (@EleanorTerrett) October 2, 2025 Bloomberg analyst James Seyffart echoed that point in a post on ￰12￱ fielded a flood of client questions about Canary Funds’ Litecoin filing . “As multiple people have reported, it looks like the SEC wants everyone to file under the new generic listing ￰13￱ suggests that the deadline date might not matter at all,” he ￰14￱ added that the shutdown “really throws a wrench into things.” Despite the uncertainty, analysts remain confident the ETF will eventually launch. “We do still think they’ll come in the near future,” Seyffart ￰15￱ freezes 90+ crypto ETF filings October had been seen as a breakout month for altcoin ETFs.

However, the applications are pending for products tied to Solana, XRP, and Dogecoin, ￰16￱ the shutdown is slowing that momentum. “ETF Cryptober might be on hold for a bit,” said Nate Geraci, co-founder of the ETF Institute. A prolonged freeze “would definitely impact the launch of new spot crypto ETFs,” he ￰17￱ SEC itself has made clear that during the closure, it will not review or approve ￰18￱ than 90 digital asset products are currently ￰19￱ includes single-token ETFs to complex multi-coin strategies. Bloomberg’s ETF desk has projected that approvals could begin with Solana-linked funds as early as October, but only if the regulator resumes normal ￰20￱ now, the timetable depends less on market appetite and more on Washington ￰21￱ Donald Trump’s administration has already used the standoff to cut $26 billion in federal funding for Democratic-led ￰22￱ move has escalated the partisan ￰23￱ broader shutdown has also suspended scientific research, financial oversight, and a wide range of regulatory ￰24￱ ongoing upward run has pushed Ripple’s XRP to grab the 3rd spot in the tally of the biggest ￰25￱ took over Tether’s USDT with a market cap of $184 ￰26￱ price is up by 12% in the last 7 ￰27￱ is trading at an average price of $3.07 at the press ￰28￱ Bybit now and claim a $50 bonus in minutes