[Sygnum: Altcoin ETFs May Be Approved in Bulk After U.S. Government Shutdown Ends] Swiss crypto banking group Sygnum stated that despite the market correction in October, institutional participation and demand catalysts remain at historic highs. Currently, at least 16 crypto ETF applications have been delayed due to the U.S. government shutdown. Sygnum believes that crypto staking ETFs could become a key catalyst for driving institutional demand. Over 80% of surveyed institutions expressed interest in crypto ETFs beyond Bitcoin and Ethereum, and 70% of institutions explicitly stated that if these ETFs offer staking yields, they would start investing or increase allocations. Sygnum expects that the U.S. SEC may approve altcoin ETFs in bulk after the government shutdown ends.