The U.S. SEC has released guidance on document processing after halting, and multiple cryptocurrency ETFs may accelerate their effectiveness

According to Bloomberg analyst Eric Balchunas citing the SEC's latest guidance, the U.S. Securities and Exchange Commission has received over 900 registration filings during the government shutdown and is now accelerating the clearing of the backlog.

The guidance document indicates that if an issuer submits a registration statement during the shutdown without a delayed effectiveness clause (8(a) path), it can automatically become effective after 20 days, and the issuer can expedite the process by supplementing the delayed clause and applying for acceleration. Analysts suggest that this may prompt some crypto ETF issuers who have not yet completed the 8(a) process to accelerate their listings, with Bitwise's XRP ETF considered to be among the next batch of movers.