Bloomberg analyst James Seyffart has shared his thoughts on a potential approval of the pending crypto ETFs. The analyst alluded to the looming government shutdown, which he noted could complicate the approval process for these funds. In an X post, the Bloomberg analyst stated that the potential for a government shutdown can complicate the approval process. This came as Seyffart’s colleague, Eric Balchunas, admitted that he was not yet sure how the launch schedule for these funds would work and that he expects more details from the SEC soon.