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US Government Shutdown Freezes Crypto ETF Approvals

US Government Shutdown Freezes Crypto ETF Approvals: Solana, Litecoin in Limbo

As the US government shutdown enters its third day, the SEC’s skeleton crew has stalled reviews for over 90 crypto ETF applications, including key altcoin funds. Analysts eye year-end approvals amid new listing standards.
SEC Stalled: Over 90% of staff furloughed, halting ETF decisions like Canary Capital’s Litecoin fund. Affected Assets: Solana, Litecoin, XRP, and others face indefinite delays on spot ETF launches. Market Reaction: Bitcoin surges past $120K as investors seek safe havens amid fiscal uncertainty. Outlook: New generic listing standards could fast-track approvals post-shutdown, per Blo…

Fed Rate Resumption Drives Crypto Recovery

Fed Rate Cut Resumption Boosts Market The U.S. Federal Reserve resumed its rate-cut cycle on September 29, 2025, implementing another reduction to bolster a softening labor market, which has positively influenced risk assets including cryptocurrencies. This move led to a 2.3% increase in total…

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