US Government Shutdown Ends, Crypto ETF Approvals Resume
Congress passed a funding bill to end the longest US government shutdown in history, with a 222–209 House vote. The bill now heads to President Trump, who is expected to sign it imminently. The funding measure covers federal operations through January next year, resolving stalemates between Democrats seeking healthcare and cost-of-living funds and Republicans focused on reopening. The end of the US government shutdown unfreezes stalled crypto ETF approvals and key crypto bills at the SEC, including spot-crypto exchange-traded fund applications. Market structure legislation that progressed during the shutdown may now advance further. Crypto traders should monitor the SEC’s renewed capacity to process filings and potential policy shifts in the wake of the shutdown’s conclusion.
Bullish
The end of the US government shutdown restores regulatory momentum, enabling the SEC to resume reviewing spot-crypto ETF applications and advancing crypto-related legislation. Similar past delays in ETF approvals created market uncertainty; their resolution often triggers bullish sentiment as traders anticipate new investment products. Short-term, renewed ETF reviews may drive positive price action in Bitcoin and other major tokens. Long-term, clearer regulatory pathways and resumed policy discussions could bolster institutional adoption, supporting sustained market growth. Therefore, ending the shutdown is likely to have a bullish impact by reducing regulatory backlog and enhancing investor confidence.