Industry observers have warned that a potential U.S. government shutdown could push spot Solana (SOL) ETF approvals past October.
The recent introduction of new listing standards is also adding further uncertainty to the timeline because the experts don’t know how quickly the Securities and Exchange Commission (SEC) will act under the new rules.
Shutdown Risk Stalls Crypto ETF Momentum
Over the last few months, several asset managers have been actively engaging with the SEC and updating their S-1 registration forms. These revisions are often seen as a sign that the regulator is getting closer to giving the green light for an investment product.
However, a federal shutdown would pause most of this progress. Nate Geraci, president of NovaDius Wealth Management, wrote on X that three issuers believe next week could be a realistic window for a spot SOL ETF green light, though he cautioned that government closure might disrupt the process. James Seyffart shared the same sentiment, suggest
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