When Washington Shuts Down, Crypto Keeps Building: ETF Approvals Set to Resume

The longest United States government shutdown on record has rippled through financial markets—and crypto is no exception. Liquidity is thinning, exchange-traded funds (ETFs) approvals are frozen, and traders are bracing for what comes next. Weeks into the shutdown, volatility spiked, culminating in the Oct. 10 liquidation event that erased $19 billion in leveraged crypto bets. While traders were confronted with record-breaking losses, industry innovation also came to a halt. For crypto exchange-traded fun ...