SEC Introduces New Post-Shutdown ETF Guidance

[kevin1]

The SEC has released new post-shutdown guidelines that clarify how crypto ETF registration statements progress under Sections 8(a) and 461 of the Securities Act.
The update comes after a record 43-day government shutdown left more than 900 filings stuck in limbo, forcing issuers to rely on the automatic 20-day effectiveness rule.
The new framework lets issuers choose between automatic effectiveness or a Rule 461 accelerated review, offering clearer paths for crypto ETF launches.

[Rimon Khan]

New guidance after the shutdown will reshape ETF applications.

[Nahid Hossen]

Clear procedures mean smoother approvals going forward.