XRP ETF May Get Closer After Senate Advances Government-Reopen Bill
On Nov. 12 the U.S. Senate voted 60-40 to advance legislation aimed at reopening the federal government, a key step toward ending the nation’s longest shutdown. The bipartisan vote would, if finalized, restore full operations at agencies whose staffing and review timelines have been disrupted—potentially clearing procedural hurdles that slowed consideration of crypto-related filings such as an XRP ETF.
For XRP holders and market watchers this development matters because resumed agency capacity could accelerate the SEC’s ability to evaluate ETF applications and respond to industry petitions. That said, the bill still needs final passage in the House and the president’s signature, and an ETF approval is not automatic even with a reopened government. Expect short-term volatility and renewed attention on regulatory signals as the process unfolds.