October is XEM a major turning point for the crypto market as the SEC prepares to make its final decision on a series of spot ETF applications on many major altcoins.
A series of crypto ETFs are waiting to receive the final decision from the SEC in October 2025. Photo: The Block
The crypto community is entering the month of October dubbed “Cointober,” as the US Securities and Exchange Commission ( SEC ) prepares to make its final decision on a series of crypto spot ETFs .
According to statistics from Bloomberg experts, there are more than 92 ETF applications waiting for SEC approval, spanning across major altcoins including Litecoin (LTC), Solana (SOL), Dogecoin (Doge), XRP (XRP), Cardano (ADA), Hedera (HBAR), Avalanche (AVAX), Polkadot (DOT), Sui (Sui), TRON (TRX), Sei (Sei), Injective (INJ), Chainlink (LINK), BNB (BNB), Near (NEAR), Ondo (ONDO), TRUMP, BONK.
Among them, important deadlines will fall in October, including:
10/02 : Deadline for Litecoin ETFs from Canary, Grayscale and Coinshares.
10/10 : Deadline for Solana ETFs from Grayscale, Vaneck, 21Shares,...
October 17 : Deadline for XRP ETFs from Grayscale, Bitwise and Canary,...
Who's ready for Cointober? Spot crypto ETF Deadlines start this week! Litecoin and Solana are up first. Should be a wild month.. @JSeyff pic.twitter.com/K2m5pNBCbU
— Eric Balchunas (@EricBalchunas) September 29, 2025
Additionally, several other ETFs are also awaiting approval in October, ranging from altcoins to memecoins like Dogecoin (Doge), ADA and HBAR.
Additionally, the SEC may make a decision sooner rather than later, rather than waiting until the deadline.
Statistics of altcoin ETF proposals pending SEC approval. Source: @JSeyff on X (August 29, 2025)
Approval probability "almost certain"
- This past September, the SEC approved an important change, applying generic listing standards to commodity trust shares.
- This new regulation significantly shortens the approval time, from a maximum of 240 days to only about 75 days. Previously, all ETF applications had to go through the 19b-4 process , which took months. But since the new standard took effect, the 19b-4 step is almost no longer necessary.
- Reporter Eleanor Terrett also revealed that the SEC has asked ETF issuers for LTC, XRP, SOL, ADA , and Doge to withdraw their 19b-4 filings, as they have become unnecessary under the new listing standards. According to Terrett, this move could begin as soon as next week.
🚨SCOOP: The @SECGov has asked issuers of $ LTC , $ XRP , $ SOL , $ ADA , and $ Doge ETFs to withdraw their 19b-4 filings following the approval of the generic listing standards, which replace the need for those filings. Am told withdrawals could start happening as soon as this week.
— Eleanor Terrett (@EleanorTerrett) September 29, 2025
- It is this change that has made ETF analysts more optimistic than ever. Bloomberg expert Eric Balchunas asserted:
In fact, the likelihood of approval is now 100%. The adoption of a common listing standard makes 19b-4 filings and countdown clocks for new crypto ETFs meaningless. Now all that remains is the SEC’s S-1 review. Furthermore, the Solana ETF just filed its fourth amendment, meaning a decision could come any day now.”
Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their “clock” meaningful. That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready. https://t.co/5JtfTm82Wi
— Eric Balchunas (@EricBalchunas) September 29, 2025
ETF month – a boost for alt season?
- ETF expert Nate Geraci, President of NovaDius Wealth Management, also commented on X that the next few weeks will be “extremely important for spot crypto ETFs”, as a series of applications are approaching the deadline.
*Enormous* next few weeks for spot crypto ETFs…
— Nate Geraci (@NateGeraci) September 28, 2025
SEC final deadlines approaching on numerous filings.
Starts this week w/ deadline on Canary spot LTC ETF.
Will be followed by decisions on SOL, Doge, XRP, ADA, & HBAR ETFs (though SEC can approve any or all of these whenever).
- Meanwhile, Daan Crypto Trades called October “ETF month”, expressing his hope for the approval of funds tied to SOL, XRP, LTC and Doge. However, he also noted that two “big guys” in the crypto ETF field, Fidelity and BlackRock, were absent from the list of applications this time.
October is ETF month. Many final deadlines by mid October.
— Daan Crypto Trades (@DaanCrypto) September 28, 2025
We're expected to see approvals on ETFs from a variety of major altcoins like $ SOL , $ XRP , $ LTC & $ Doge .
Non of the ones with the deadline in October were issued by Fidelity or Blackrock, which are the two major players… pic.twitter.com/yFWRyuJy3O
- Previously in August, experts from Bitfinex predicted that the approval of the altcoin ETF could be the catalyst for a new "altcoin season", when traditional investors can access these coins more easily and with lower risks.
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