Crypto ETF Applications Stuck as Government Shutdown Continues

The US government shutdown enters its third week, and 16 crypto exchange-traded fund (ETF) applications remain in limbo. This delay stems from the inability of Congress to pass a budget agreement, leaving essential federal agencies like the SEC operating at reduced capacity. While this is causing delays for the industry, analysts predict a potential surge in approvals when the shutdown ends, leading to a new altcoin season.