US Shutdown Beyond 40 Days To Delay Crypto ETF Approval, But
TLDR
- The US government shutdown has exceeded 40 days, the longest in history.
- SEC crypto ETF approvals are stalled, affecting XRP and staked Ethereum.
- Schwab reports a 90% yearly rise in crypto portal traffic from investors.
- Analysts expect faster ETF approvals and higher altcoin trading post-shutdown.
The United States is nearing a historic 40-day government shutdown, halting many federal operations and delaying financial approvals. This extended closure is affecting the U.S. Securities and Exchange Commission (SEC), which oversees pending cryptocurrency exchange-traded funds (ETFs). Despite the slowdown, interest in digital assets continues to rise as investors anticipate a surge in ETF approvals once government offices…
