"Spot crypto spot ETFs expected to be launched en masse if the shutdown ends"

Source
Uk Jin

Summary

  • There are expectations that if the U.S. federal government's shutdown ends, spot exchange-traded funds (ETFs) for virtual assets (cryptocurrencies) will be launched en masse.
  • Nate Geraci, CEO of ETF Store, said on X (formerly Twitter) that the government shutdown must end for spot ETFs to pour out.
  • He said that increasing government debt and political factors are obstacles to the launch of spot crypto ETFs.

There are expectations that various spot exchange-traded funds (ETFs) for virtual assets (cryptocurrencies) will be launched if the U.S. federal government's ongoing shutdown ends.

On the 13th (Korean time), Nate Geraci, CEO of ETF Store, said on X (formerly Twitter), "If the government's shutdown ends, spot ETFs will pour out," and added, "Increasing government debt and political factors are preventing the launch of spot crypto ETFs."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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