Trump signs funding bill restoring operations, paving the way for progress on crypto policy and ETF approvals
Longest Shutdown in History Comes to a Close
After a record 43-day government shutdown, U.S. President Donald Trump has signed a funding bill to restore federal operations, ending the deadlock that had paralyzed multiple agencies. The bill, passed by the Senate earlier in the week and approved by the House of Representatives on Wednesday, provides funding until January 30, allowing both parties to continue negotiating a broader fiscal agreement for 2026.
Healthcare spending was a key point of contention, with Democrats seeking expanded funding and Republicans urging reforms after passage. Following the signing, Trump emphasized bipartisan cooperation, saying, “I’m always willing to work with anyone, including the other party. We’ll work on something having to do with health care. We can do a lot better.”
Federal Operations Resume: Crypto Agencies Back to Work
The reopening of the U.S. government has significant implications for the cryptocurrency sector, as key financial regulators resume operations. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—both heavily involved in crypto oversight—are now expected to return to normal function.
Crypto industry watchers note that the SEC’s backlog includes multiple spot Bitcoin and Ethereum ETF applications, which have been awaiting review amid the shutdown. The CFTC, meanwhile, is set to move forward with the confirmation hearing of Mike Selig, Trump’s nominee to lead the agency, scheduled for November 19.
The U.S. Treasury Department is also expected to restart its review of public feedback on the GENIUS Act, a legislative proposal focused on stablecoin regulation and digital asset transparency.
Market Reaction: Crypto Holds Steady Despite Policy Progress
While the resumption of government operations marks a positive step for the crypto industry, digital asset markets have remained largely flat. Bitcoin traded steadily following the announcement, showing minimal volatility compared to prior instances when government reopenings triggered market rallies.
Market analysts suggest that investors are waiting for tangible policy developments, particularly around ETF approvals and clarity on digital asset regulation, before making significant moves.
Political Stability Sets Stage for Regulatory Momentum
The end of the shutdown restores critical momentum for U.S. crypto policymaking, as regulators return to pending decisions that could define the next phase of digital finance. With agencies back online and bipartisan talks continuing, Washington’s renewed focus on crypto oversight may soon influence how institutional investors and traditional markets engage with digital assets.
The government’s reopening not only ends a political stalemate but also reopens the door for meaningful progress in the evolving world of cryptocurrency regulation.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.