The US House of Representatives will vote at 5 a.m. tomorrow to decide whether to end the government shutdown; several altcoin ETFs are awaiting SEC approval for listing.

B.news
12 Nov 2025 01:58:50 PM
On November 12th, the US House of Representatives will vote tonight on whether to end the 42-day US government shutdown.
The US House of Representatives will vote at 5 a.m. tomorrow to decide whether to end the government shutdown; several altcoin ETFs are awaiting SEC approval for listing.

On November 12th, the US House of Representatives will vote tonight on whether to end the 42-day US government shutdown. (4 PM Eastern Time Wednesday, 5 AM Thursday Beijing Time) Once the government reopens, the market will have clearer data, which may alleviate some of the current pessimistic uncertainty.

Previously, the US Senate approved the bill to end the government shutdown on the morning of November 11th Beijing Time and transferred it to the House of Representatives.

It is worth noting that XRP ETFs from five ETF issuers, including Franklin and Bitwise, as well as several altcoin spot ETFs such as the Polkadot ETF, DOGE ETF, and Sui ETF issued by 21Shares, and the Chainlink ETF issued by Bitwise, are already listed on the DTCC (American Depository Trust and Clearing Corporation) website. While this does not indicate that the ETF has received any regulatory approval or any clear approval process results, listing on the DTCC website is a "standard procedure" for launching new ETFs. In addition, Canary has submitted Form 8-A for its XRP spot ETF, the final step before its application becomes effective. Once Nasdaq approves the listing, the first XRP spot ETF may officially launch on Thursday.

Analysts, including the Swiss crypto banking group Sygnum, suggest that investors are anticipating the end of the government shutdown, which could prompt the SEC to "mass-approve" altcoin ETFs, thereby catalyzing a new wave of institutional inflows.

ETF