What the Government Shutdown Means for Pending Crypto ETFs
Investors expecting U.S. Securities and Exchange Commission approvals for a range of exchange-traded funds tracking various altcoins will have to wait longer, as the partial government shutdown lingers.
The regulator said that it would “not review and approve applications” for products or provide other “non-emergency support to registrants” during the closure, as outlined in a contingency operations plan highlighted on its website.
Invest in Gold
The SEC is currently reviewing more than 90 applications for ETFs based on the spot price of various altcoins, combinations of tokens, and different digital asset strategies, with Bloomberg fund analysts…
