White House adviser Kevin Hassett said the US government shutdown is likely to conclude this week, potentially reviving stalled crypto regulatory processes. The shutdown, now in its 20th day since October 1, has paused reviews of multiple altcoin ETF applications. Regulatory decisions on Litecoin, XRP, and Solana funds remain on hold due to the budget impasse affecting SEC operations.

BlackRock has filed registration for a Delaware trust company to support its Bitcoin Premium Income ETF, designed to generate yield through Bitcoin futures covered call options. This complements its tremendously successful IBIT fund, which has accumulated $87 billion since January 2024.