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Reading: There is News from the USA for XRP: The Knot May Be Untied This Week
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EdaFace Newsfeed > Latest News > Altcoin News > There is News from the USA for XRP: The Knot May Be Untied This Week
Altcoin News

There is News from the USA for XRP: The Knot May Be Untied This Week

vitalclick
Last updated: October 21, 2025 9:18 am
13 hours ago
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Contents
“This Week” Message from the White House for the Shutdown CrisisThe Waited Process for XRP ETF Approval May Start Again


A signal has come that the budget dispute that caused the government to remain closed in the United States may be resolved by the end of this week. The statement made by White House economic advisor Kevin Hassett is seen as critical for both the reopening of federal institutions and the re-evaluation of XRP ETF applications.

“This Week” Message from the White House for the Shutdown Crisis

CNBCSpeaking to , the White House economic advisor and Donald Trump’s close working team Kevin Hassett“The government shutdown caused by Schumer will most likely end this week,” he said. While Republicans blame Democratic senator Chuck Schumer for the budget deadlock, Hassett said moderate Democrats reaching a compromise could reopen the doors.

in 2026 Jerome PowellHassett, who was mentioned as one of the strongest candidates for the Fed Presidency after 1999, stated that it was necessary to reopen the government for the negotiations to proceed normally. Otherwise, he emphasized, the Trump administration could implement tougher measures.

Hassett, who is known to have over $1 million in Coinbase shares, has been working on Blockchain and Blockchain for a long time. cryptocurrency is among the supporters of the technologies. Sources state that despite the government shutdown, the cryptocurrency regulation process has not stopped completely, and Democratic senators this week will discuss Coinbase, Circle and Ripple. $2.46 He confirmed he was planning a closed-door meeting with his representatives. The main agenda of the meeting will be the US cryptocurrency market structure bill and bipartisan cooperation opportunities.

The Waited Process for XRP ETF Approval May Start Again

Controls financial markets in the USA SEChad reduced its activities to a minimum level and temporarily suspended new product evaluations due to the budget draft not being approved. Like this XRP Many financial product approval processes, including ETF applications, have been halted.

XRP ETFs

With the closure ending, the SEC’s Grayscale, 21Shares, Bitwise, Canary Capital, CoinShares And WisdomTree It is expected to re-examine the XRP ETFs of six major applicants such as. According to experts, despite the delay, institutional investor interest has not weakened.

Charles Schwab CEO Rick WursterAccording to data obtained by , approximately 20 percent of cryptocurrency ETFs in the USA are included in the portfolios of the company’s customers. While traffic to Schwab’s cryptocurrency portal has increased by 90 percent in the last year, five new transactions have been filed with the SEC in the last week alone. cryptocurrency ETF application has been made. The increase in portal traffic reinforces the expectation that regulatory momentum will accelerate as the government reopens.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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