TLDR
- Trump advisor Kevin Hassett said the U.S. government shutdown could end this week.
- A shutdown resolution would enable the SEC to resume reviewing XRP ETF applications.
- XRP ETF filings from Grayscale, Bitwise, CoinShares, and Wisdom are awaiting review.
- A closed-door roundtable with crypto firms and U.S. Senators is scheduled for October 22.
- The SEC is expected to prioritize XRP ETF decisions once operations restart.
- Market analysts see a possible shutdown deal as a bullish sign for crypto assets.
The U.S. government shutdown, now in its fourth week, may soon come to an end, potentially allowing delayed XRP ETF decisions to proceed. President Trump’s advisor, Kevin Hassett, indicated progress in negotiations, suggesting that moderate Democrats could help pass a funding deal. If resolved, this would enable the SEC to restart XRP ETF reviews halted due to the shutdown.
Shutdown Resolution May Accelerate XRP ETF Reviews
Kevin Hassett stated the deadlock might end this week, citing Democratic cooperation as key to a swift resolution. “We’re optimistic that moderate Democrats will act to reopen the government,” Hassett said during a Monday interview. If that happens, agencies like the SEC can resume reviewing XRP ETF applications without delays.
The government shutdown forced many federal agencies to pause operations, stalling decisions on pending cryptocurrency ETF filings. This includes the XRP ETF submissions from leading firms such as Grayscale, Bitwise, CoinShares, and Wisdom. Analysts believe that once operations resume, the SEC will quickly proceed with evaluating XRP ETFs.
XRP ETF reviews were previously expected to take place between October 18 and 25, 2025, depending on the agency’s schedules. The shutdown created uncertainty around that timeline, but the upcoming funding deal could restore clarity. Markets are now closely watching this, anticipating swift regulatory action following a resolution.
Despite agency slowdowns, a private roundtable on crypto policy remains scheduled for October 22, 2025. Top executives from Coinbase, Ripple, and Circle will meet with U.S. Senators to discuss market structure reforms. Their discussions may help shape future laws and influence the approval process for the XRP ETF.
This meeting could bring clarity to digital asset policies, particularly those impacting XRP ETF decisions. Lawmakers may utilize input from industry leaders to streamline approval processes and update regulatory frameworks. With the shutdown nearly over, this roundtable may be a turning point for the XRP ETF.
If Congress passes a deal, regulators can move faster on high-priority crypto cases. XRP ETF decisions would likely be among the first reviews to be resumed. Market participants await updates on the post-shutdown roadmap.
Market Holds Steady as XRP ETF Optimism Grows
The crypto market showed mild losses amid shutdown concerns, but signs of recovery are now emerging. Bitcoin remains stable near $108,000, while XRP has dropped slightly to $ 0.00241. However, hopes for an XRP ETF are helping to limit broader declines.
A potential resolution to the shutdown could shift momentum in favor of crypto assets. The XRP ETF timeline is a key focus for investors this week. Positive signals from Washington may trigger renewed interest in XRP ETF-linked products.
With SEC reviews expected to resume, firms await their decisions on the XRP ETF. The next few days may determine how quickly the XRP ETF approvals move forward. Optimism continues to build around the possible reopening of the U.S. government and its effect on XRP ETF progress.
