 
 
Approximately two dozen new crypto-focused exchange-traded fund (ETF) proposals were submitted to the U.S. Securities and Exchange Commission (SEC) on Friday, as October 2025 is shaping up to be a significant month for crypto markets.
Investment managers REX Shares and Osprey Funds submitted prospectuses for 21 exchange-traded funds, from ones holding Sui (SUI) to Bitcoin Cash (BCH) to Hyperliquid (HYPE) and others with staking. Defiance ETFs LLC also sought the SEC’s sign-off for leveraged funds tracking crypto, as well as Tesla and Amazon.
“Things are getting wild,” posited Bloomberg Intelligence ETF analyst James Seyffart in a Friday post on the X social media platform.
The SEC is facing final deadlines on over 16 ETF applications this month. Unlike past waves, many of these proposals go beyond Bitcoin and Ether, targeting a variety of major altcoins, including Solana (SOL), Ripple’s XRP, Litecoin (LTC), and memecoin Dogecoin (DOGE), with final deadlines scattered throughout October.
The flood of crypto filings comes in the wake of a more collaborative White House since crypto-friendly President Donald Trump assumed office in January.
 
A New SEC Era
The SEC has postponed decisions on several crypto ETFs in the course of 2025, setting new deadlines; however, the Commission has also taken steps toward dramatically simplifying the ETF approval process.
The SEC approved a set of generic listing standards for commodity-based trust shares on Sept. 17 that could shorten the path to introducing future spot crypto ETFs by reducing the need for case-by-case rule changes that had long delayed crypto’s path to mainstream financial vehicles.
Seyffart stated at the time that the policy change would be a positive move toward a “wave of spot crypto ETP launches in the coming weeks and months.”
Late last month, the SEC requested listing exchanges to withdraw their 19b-4 filings and re-submit under the General Listing Standards — a procedural move that further hinted the agency was preparing to approve new products.