US Crypto ETF Progress Stalls Amid Government Shutdown
Crypto-Detective
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A US government shutdown has frozen crypto ETF approvals, with the SEC unable to act on pending filings like Canary Capital’s spot Litecoin ETF. While Washington stalls, optimism grows around Jonathan McKernan’s Treasury appointment, seen as crypto-friendly. -
The shutdown delay is unfortunate — ETF approvals are crucial for mainstream market confidence.