The U.S. government shutdown is entering its fourth week, with the Senate set to vote in its latest bid to end the funding standoff. A deal would reopen federal agencies; failure would extend the deadlock.
Even as the shutdown drags on, crypto regulation is in focus. On Wednesday, Oct. 22, Senate Democrats will host a roundtable with crypto leaders from Coinbase, Kraken, Ripple, Circle and others to debate the U.S. crypto market structure bill.
The session, led by Sen. Kirsten Gillibrand, comes amid pushback against a Democratic counterproposal critics say could undermine DeFi and weaken support for the CLARITY Act.
Meanwhile, the crypto ETF race heats up. At least 16 ETFs tied to Solana, XRP, Dogecoin, Litecoin and others are expected this month. Another 21 applications were filed with the SEC, including staking ETFs for Solana and Ethereum.
Major issuers like Fidelity, Bitwise, Grayscale, and VanEck have updated their filings to inсlude staking provisions, signaling rising institutional interest in digital assets despite Washington’s gridlock.
