The SEC Chair has declared cryptocurrency and tokenization as a 'top priority,' indicating potential regulatory advancements in the sector. This announcement comes as Ethereum's exchange supply reaches an 18-month low, reflecting increased long-term holding by investors. On October 16, Fidelity's $154.6 million Ethereum purchase further underscores institutional confidence in the cryptocurrency. Meanwhile, the U.S. government shutdown has postponed the release of crucial economic data, contributing to market uncertainty.