SEC Hit By 30+ ETF Applications On Friday – ‘Just The Beginning’

Greater than 30 crypto ETF functions had been filed with the Securities and Alternate Fee (SEC) on Friday, a tsunami NovaDiusWealth president Nate Geraci referred to as ‘’just the start.’’

The frenzy follows the regulator’s September 17 approval of generic itemizing requirements for the New York Inventory Alternate, Nasdaq, and Cboe, which created a quicker path than the outdated 19b-4 course of.

Whereas the US authorities shutdown has stalled near-term critiques by the SEC, analysts say that’s solely a short lived bump within the highway earlier than crypto ETF approvals ramp up.

“Any crypto ETF you possibly can probably think about can be filed w/ the SEC over subsequent a number of months,” mentioned Nate Geraci, president of ETF Retailer and NovaDiusWealth. “You all do not know what’s coming.”

30+ crypto-related ETFs filed w/ SEC this afternoon…

Only the start.

Any crypto ETF you possibly can probably think about can be filed w/ SEC over subsequent a number of months.

You all do not know what’s coming.

h/t @JSeyff pic.twitter.com/6U2ucNbf45

— Nate Geraci (@NateGeraci) October 4, 2025

New Crypto ETF Purposes Come Amid A number of October Deadlines

The brand new filings come throughout a month that was anticipated to be a pivotal one for the crypto ETF panorama, with 16 resolution deadlines for these funds in October. These funds observe quite a lot of cryptos corresponding to Solana (SOL), XRP, Litecoin (LTC), and others. 

However the US authorities shutdown because of Congress’s failure to achieve a deal on funding has delayed the method because the SEC now operates with diminished employees. 

Earlier this week, the SEC despatched out an Operations Plan saying that will probably be unable to evaluation or approve sure filings together with new registration statements, new monetary product filings, and comparable regulatory actions through the shutdown. 

Seems to be like a protracted authorities shutdown would undoubtedly influence the launch of latest spot crypto ETFs…

ETF Cryptober could be on maintain for a bit.

From SEC’s “Operations Plan Beneath a Lapse in Appropriations & Authorities Shutdown”… pic.twitter.com/Z6gY1bJbUt

— Nate Geraci (@NateGeraci) October 1, 2025

Many analysts noticed that notification as a sign that the SEC is not going to ship a call on pending crypto ETF functions by means of the 19b-4 course of till the shutdown ends. This seems to be the case, because the company stayed silent on the proposed Canary Litecoin ETF when the deadline for the choice got here and went earlier this week.

The shutdown can final per week or longer. In a single occasion in 2018, the federal government shut down for so long as 34 days. 

Contract asking how lengthy the US shutdown will final (Supply: Polymarket)

Merchants on the decentralized betting platform Polymarket have positioned the most important odds of 56% that the shutdown will final till Oct. 15 and probably even later. Others see a 33% likelihood that it’s going to proceed up till between Oct. 10 and Oct. 14. 

Spot Bitcoin ETF Inflows High $900 Million

The excessive quantity of crypto ETF filings additionally occurred the identical day that over $900 million flowed into Bitcoin funds.

In response to knowledge from Farside Traders, traders poured $985.1 million into spot Bitcoin ETFs within the newest buying and selling session. 

US spot BTC ETFs flows (Supply: Farside Traders)

BlackRock’s IBIT, which lately entered the highest 20 record of the most important funds globally and now holds over 3% of BTC’s provide, led the cost yesterday with $791.6 million inflows. IBIT’s inflows had been over 10X the quantity recorded by the next-biggest inflows for the day, posted by Constancy’s FBTC after traders pumped $69.6 million into the ETF.

Following the newest web day by day inflows, the US spot Bitcoin ETFs have prolonged their optimistic move streak to 5 days. They’ve additionally pulled in over $3 billion throughout this era.

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