The U.S. government shutdown, now stretching into its fourth week, might finally see a resolution. According to Trump’s advisor Kevin Hassett, the shutdown could end this week, clearing the way for pending crypto decisions like the XRP ETF ruling.
### Trump Advisor Signals End of U.S. Government Shutdown
On Monday, White House economic adviser Kevin Hassett said in an interview that the budget impasse, which Republicans have called the “Schumer shutdown,” could end this week. He pointed to Senate Democratic Leader Chuck Schumer as key to a resolution. Hassett emphasized the role of moderate Democrats in reopening the government, stating that once federal agencies return to normal operations, policy discussions can resume as usual.
If the stalemate continues, Hassett warned that the administration might pursue “stronger measures” to move the process forward. Analysts interpret these signals as a hint that a short-term funding deal could be reached before the November fiscal deadlines. This development may be seen as bullish for risk assets, including cryptocurrencies.
### Shutdown Halts SEC Reviews, Including XRP ETF
The shutdown has brought most U.S. federal regulatory agencies, including the Securities and Exchange Commission (SEC), to a near standstill. This delay has affected approvals for multiple crypto ETF filings.
If a resolution comes this week, the SEC can resume its work and is expected to prioritize pending applications such as XRP-linked ETFs that have been awaiting procedural review. Among these filings are ETFs from major players like Grayscale and Bitwise. Crypto-focused products are now expected to be evaluated by the SEC sometime between October 18 and 25, 2025, once operations fully restart.
### Crypto CEOs to Meet U.S. Senators on October 22
Despite recent delays, a behind-closed-doors roundtable is scheduled for October 22, where top crypto leaders from Coinbase, Ripple, and Circle will meet with U.S. Senators. The discussion will focus on the proposed crypto market structure bill and could play a key role in shaping future digital asset regulations.
As the government shutdown nears a possible end, the crypto community remains hopeful that regulatory progress will soon resume, paving the way for important decisions like the XRP ETF ruling.
https://coinpedia.org/news/u-s-shutdown-to-end-this-week-xrp-etf-approval-may-follow-says-trump-advisor/