Government Shutdown Slows Crypto ETF Approvals
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Dozens of spot crypto ETFs remain in regulatory limbo as the U.S. government shutdown drags into its 42nd day. The SEC has been operating with limited capacity, delaying reviews of pending ETF filings, including Bitwise’s Chainlink fund.
The Senate has passed a funding bill expected to end the shutdown soon, potentially allowing the SEC to resume normal operations and advance ETF approvals.
Asset managers have recently filed ETFs for popular altcoins such as Dogecoin, Solana, Avalanche, Aptos, and Hedera — aiming to capitalize on growing investor demand.
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