The SEC has decided to postpone its decision on spot bitcoin ETFs, including BlackRock, due to the possibility of an impending government shutdown. This decision comes earlier than expected and has created uncertainty in the financial sector. The SEC has previously delayed decisions on bitcoin ETFs, and this recent delay is seen as a preemptive action due to the potential government shutdown. Approval for BlackRock’s submission could indicate greater acceptance of bitcoin in traditional finance. The SEC’s decision highlights the issues surrounding governmental shutdowns and financial regulation.
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