Both HBAR ETF decisions are likely to fall behind the schedule as the financial regulator goes ghost-town mode.
The recent United States government shutdown has served quite a strong chill pill to the crypto community, expecting to see an altcoin exchange-traded (ETF) product to launch by year-end, or at least get approved by the SEC. However, The United States Securities and Exchange Commission (SEC) is reported to be extremely short-handed since the government’s pause.
According to Crypto Journalist Eleanor Terrett, the lock-out puts popular altcoin-based ETF, such as Canary Capital’s pitches on Hedera Hashgraph (HBAR) & Litecoin (LTC) on an indefinite time line. With the chaos in place, there’s no full comprehension of available staff, with the Crypto Task Force heavily affected by this cut.
With many press inquiries going unanswered, this adds up to the ongoing regulatory scrutiny, but the freshly published generic exchange-traded fund (ETF) listing standards paint a bright picture for altcoin-based ETFs in the long-term, argues Bloomberg’s Eric Balchunas.
Previously, it was made known to the public that all altcoin-powered ETF are set to get a decision starting from mid October a.k.a ‘Uptober’ to late November, 2025, but now the deadline’s likely to extend further, as submissions from competing altcoins such as Litecoin (LTC) & XRP are also piling up.
While the broader crypto markets stood impervious to the political shenanigans and even saw a hefty inflow, Hedera (HBAR) continues to trade in a range-bound mode between $0.21 to $0.25 for the most part of September, and now dances around the $0.22 key support for a break towards the quarterly heights of $0.30.
On skeleton crew, there’s not much the SEC can do about handling HBAR ETF submissions, but the adoption doesn’t stop there – Hedera Hashgraph made the list of contenders for a SWIFT integration along with Ripple’s XRP Ledger for late 2025 testing. Ultimately, this would drive up trading volumes to unprecedented levels, typically followed by price appreciation.
