Key Takeaways
Will the crypto ETF approvals delay?
The timeline will extend if the shutdown drags on longer.
What’s next for altcoins?
The altcoin market could follow BTC’s lead in Q4.
The ongoing U.S. government shutdown could affect the much-awaited crypto ETF approvals.
In a statement, the Securities and Exchange Commission (SEC) said that the ‘lapse in appropriations’ will only make it respond to ‘emergency situations’.
For ETF analysts, this meant the crypto ETF approvals that were expected by mid-October could be delayed until the shutdown is over.
The same outlook was echoed by ETF Store’s Nate Geraci, cautioning that the awaited greenlight would be “on hold for a bit.”
Source: X
Will the delay go past October?
Over 100 spot crypto ETFs have been filed with the SEC. In particular,
Go to Source to See Full Article
Author: Benjamin Njiri
