U.S. Government Shutdown to Delay BlackRock’s and Fidelity’s Bitcoin Spot ETF Approval for Months – Can it Impact BTC Price?

U.S. Government Shutdown to Delay BlackRock’s and Fidelity’s Bitcoin Spot ETF Approval for Months – Can it Impact BTC Price?

There is a growing scare of a potential US Government shutdown.
This shutdown, if ushered in might impact the activities of the US SEC and as such, delay Bitcoin ETF applications.
There are a growing number of reports suggesting that the United States government could shut down on October 1 if a temporary funding bill is not passed before the start of the next fiscal year. 
From the US macroeconomics point of view, this will not be the first time such an incident will be playing out. Between late 2018 and early 2019, the U.S government went under for 35 days and during this time many agencies including the U.S. Securities and Exchange Commission (SEC) was impacted and left with a lot of financial and operational backlog.
The operations of the U.S SEC are likely to be hampered by the U.S. government’s decision if a shutdown becomes the only possible option at this time. 
Speaking to Bloomberg on Wednesday, SEC Chair Gary Gensler noted that should the shutdown happen, his agency will

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