US Senate reached a bipartisan agreement, ending the 41-day government shutdown this week, and the SEC and CFTC will resume normal operations. The SEC may prioritize issuing "exemptive relief" to support tokenization and crypto businesses, and continue to investigate digital asset treasury companies; during the shutdown, SOL, Litecoin, HBAR and other crypto ETFs that were launched under uniform listing standards may automatically take effect, supplement inquiries, or be postponed after the SEC resumes. CFTC Acting Chairman Caroline Pham stated that she will push for "spot crypto trading and tokenized collateral" by the end of the year, and is in talks with regulated exchanges to launch leveraged spot trading as soon as next month. The Senate Banking and Agriculture Committees are advancing legislation to allocate SEC/CFTC authority and define "auxiliary assets," which will ultimately need to be coordinated into a version for submission to the President for signing.