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US ETF approvals frozen amid shutdown; crypto liquidity may revive post-Oct 26

US shutdown paused 90+ ETF filings hurting crypto liquidity; resolution by Oct 26 may reopen institutional flows and stabilize markets.
Crypto markets face a liquidity squeeze after the US government shutdown delayed over 90 ETF filings. Traders expect resolution by October 26 to restore institutional flows. Bitcoin and Ethereum volumes fell 15% week-on-week as market sentiment weakened. Analysts warn extended regulatory delays could stifle new token listings through November.