SEC Under Review: 21 Staking Crypto ETFs Face Shutdown Delays

The U.S. Securities and Exchange Commission (SEC) is facing a backlog in reviewing 21 staking-based crypto ETFs, applications from REX Shares and Osprey Funds that aim to offer investors both yield and price exposure to altcoins like ADA, AVAX, and NEAR. This delay, caused by the ongoing government shutdown, threatens approval timelines for these products, particularly as the SEC typically takes 75 days to process such filings.