
Jakarta, Pintu News – On October 1, the United States government officially went into a shutdown which could potentially delay some positive catalysts for altcoins in the fourth quarter of this year. These include the delayed approval for altcoin spot ETFs and the completion of an investigation into the Digital Asset Treasury (DAT) company.
This US government shutdown occurred due to disagreements among congressmen over the budget. The US Securities and Exchange Commission (SEC) has issued a notice on its operational status during this shutdown. In the notice, the SEC states that processing and approval of filings and registrations by regulated entities will be delayed.
This delay has had a huge impact on the crypto market, especially for investors who were looking forward to the launch of an altcoin ETF. These ETFs are expected to provide easier and safer access for investors to invest in various altcoins without the need to own crypto assets directly.
Read also: Pi Network (PI) in October 2025: Will it Rise from the Brink?
In addition to the delays in ETF approvals, ongoing investigations into Digital Asset Treasury companies have also stalled. These investigations are important to ensure companies’ compliance with applicable financial and operational regulations.
These delays can create uncertainty in the market, which in turn can affect altcoin exchange rates. This uncertainty could also potentially reduce investor confidence in the altcoin market. Investors may be more cautious in allocating their funds to crypto assets, pending the outcome of investigations and greater regulatory clarity.
Also read: Crypto ETFs in Thailand to expand beyond Bitcoin?
These delays not only impact short-term transactions and investments, but could also affect the future development of the altcoin market. Delays in ETF approvals and completion of investigations may make investors and companies hesitant to proceed with plans or expansion in the sector.
However, it could also be an opportunity for governments and regulators to evaluate and possibly improve the existing regulatory framework. The aim is to create a more stable and secure environment for investors and encourage innovation in the crypto industry.
While the US government shutdown has a negative impact in the short term, it could be a turning point for evaluation and increased regulation in the crypto sector. Investors and market participants should remain vigilant and stay tuned for further developments to make informed investment decisions.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference