SEC funding lapse freezes crypto ETF reviews as markets edge higher

  • A reported SEC funding lapse paused reviews of new crypto ETF applications without deciding their merits.
  • Bitcoin traded at $85,170, Ether at $2,695, and total crypto market capitalization reached $2.9 trillion.
  • Affected filings and a review resumption date remain unconfirmed, while six 3x Bitcoin- and Ether-linked ETPs await registration effectiveness.

Crypto markets edged higher as a U.S. Securities and Exchange Commission funding lapse reportedly froze reviews of new cryptocurrency ETF applications in early October 2026. The interruption is a procedural delay, not a rejection or withdrawal: filings remain pending, retain their place in the review queue and face indefinitely extended timelines until the SEC confirms that normal operations have resumed. Bitcoin traded at $85,170, up 0.43%, while Ether rose 0.54% to $2,695; total crypto market capitalization increased 0.54% to $2.9 trillion on roughly $41.5 billion in volume. The SEC also approved six 3x leveraged exchange-traded products tracking Bitcoin and Ether through CME futures on Oct. 2, although trading awaits registration effectiveness. No official list of affected ETF filings or resumption date has been confirmed.

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