US Government Shutdown Freezes Crypto ETF Approvals: Solana, Litecoin in Limbo
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 Bloomberg analysts. The US...