The U.S. government shutdown could lead to latency in the approval of XRP and SOL fund ETFs, according to insights from Grayscale experts.

[Coin World] Grayscale's Zach Pandl stated that the U.S. government shutdown has caused a delay in the approval of new Crypto Assets ETFs, including the anticipated XRP and Solana funds. Despite the hold-up, he expects that the SEC will expedite the approval process after the shutdown using established listing standards, potentially allowing multiple single-asset ETFs to list simultaneously. Pandl emphasized the unique advantages of XRP and Solana but did not make performance predictions, noting that Grayscale's diversified products provide balanced investment exposure. Analysts believe that the XRP ETF is a key step for institutional adoption, and the approval delay will not undermine long-term optimism.