ETF Store President: Spot crypto ETFs may be approved in droves after the government shutdown ends. Ironically, the fiscal crisis is highlighting the value of cryptocurrencies.

ETF Store President Nate Geraci posted on the X platform that once the US government shutdown ends, the approval process for spot cryptocurrency ETFs may be fully open. He pointed out that ironically, the fiscal deficit and political drama that have hindered the approval process are precisely the problems that cryptocurrencies are designed to solve.