Why are crypto ETF approvals delayed?

[madmax]

A: The SEC requires full staffing to review ETF applications. With the federal government shutdown in its third week, the SEC is operating with essential personnel only, leaving at least 16 crypto ETFs in limbo. New applications continue to pile up, further creating a bottleneck.

[EmTeam]

Regulatory bodies are cautious about market manipulation and investor protection before greenlighting ETFs.

[jacson4]

Delays often stem from political and procedural holdups rather than technical crypto concerns.