Key Points
Sept 26 (Reuters) - Approvals on new exchange-traded funds, including bitcoin spot ETFs, could face delays if the U.S. government shuts down next month for the fourth time in a decade...
Hundreds of thousands of federal workers, including nearly 90% of the Securities and Exchange Commission's (SEC) 4,600 employees, will be furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1...
For instance, the SEC has pushed back the decision on whether to approve applications for spot Bitcoin ETFs to mid-October, but that could potentially be delayed further should the shutdown continue for that long...
"This would just delay yet another decision on the never ending spot Bitcoin decision," said Todd Sohn, ETF and technical strategist at Strategas Securities...
An economist by training and winner of the Arthur MacEwan Award for Excellence in Political Economy, she has written for renowned global papers and magazines including The Diplomat, Boston Globe, Conversation, Huffington Post and more..
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