November Emerges as New Deadline for US Bitcoin ETF Approvals After SEC Shutdown Delays

The potential US government shutdown has significantly impacted the Securities and Exchange Commission's timeline for cryptocurrency ETF decisions, pushing anticipated approvals from October to November. This regulatory delay affects multiple spot Bitcoin ETF applications from major financial institutions including BlackRock, Fidelity, and Invesco. Market analysts now project mid-November as the new critical window for potential Bitcoin ETF approvals, which could substantially impact cryptocurrency markets and institutional adoption. The extended review period provides additional time for SEC evaluation of market manipulation concerns and custody solutions proposed by applicants.