Catenaa, Sunday, October 12, 2025-At least two dozen cryptocurrency-related exchange-traded funds were filed with the US Securities and Exchange Commission on Friday, as firms await approval in a rapidly evolving regulatory environment.
REX Shares and Osprey Funds submitted prospectuses for 21 ETFs, covering assets from HBAR and BCH to SUI and HYPE, including some with staking components. Defiance ETFs LLC also filed leveraged funds tracking crypto alongside equities like Tesla and Amazon.
The filings follow recent SEC approval of listing standards from three exchanges, eliminating the need for the 19b-4 process for dozens of ETFs.
This adjustment shortens the timeline for new crypto funds to begin trading. Bloomberg Intelligence analyst James Seyffart described the flurry of filings as “wild,” noting the growing institutional appetite for digital asset exposure.
Despite the momentum, the ongoing US government shutdown, which began Wednesday after Congress failed to pass funding, is expected to delay SEC action on ETF approvals.
Sources told The Block that without guidance from SEC Chairman Paul Atkins or division directors, registration statements for crypto ETFs are unlikely to move forward until the government reopens, potentially stalling launches for weeks.
The new proposals reflect increased interest in diversified and innovative crypto investment vehicles following a friendlier regulatory posture since President Donald Trump took office in January.
Market watchers see the filings as an indicator of investor demand, but approval timing now hinges on the resolution of federal funding, highlighting the intersection of politics and digital asset regulation.
