There are a few reasons why your Instagram ad might be approved but not showing any results or utilizing any amount from your budget. Here are a few things to check:

• Your ad budget may be too low. If your budget is too low, Instagram may not be able to deliver your ad to enough people to get any results. Try increasing your budget and see if that helps.
• Your targeting may be too broad. If your targeting is too broad, your ad may be shown to people who are not interested in what you have to offer. Try narrowing your targeting to reach people who are more likely to be interested in your product or service.
• Your ad may not be relevant to your target audience. If your ad is not relevant to your target audience, they are less likely to click on it. Make sure your ad copy and creative are relevant to the interests of your target audience.
• Your ad may not be creative enough. If your ad is not creative enough, people may not pay attention to it. Try using a more eye-catching image or video, or writing a more compelling ad copy.
• Your ad may be violating Instagram’s advertising policies. If your ad violates Instagram’s advertising policies, it may be rejected or not delivered. Make sure your ad complies with Instagram’s advertising policies.

If you’ve checked all of these things and your ad is still not showing any results, you can contact Instagram support for help.

Here are some additional tips for troubleshooting your Instagram ads:

• Use the Instagram Insights dashboard to track your ad performance. The Insights dashboard will show you how many people saw your ad, how many people clicked on it, and how many people took other actions, such as visiting your website or making a purchase. This information can help you identify why your ad is not performing well and make changes to improve your results.
• Use A/B testing to test different ad variations. A/B testing is a process of testing two different versions of an ad to see which one performs better. You can test different ad copy, images, or videos to see which one gets more clicks, views, or other actions.
• Get help from a professional. If you’re still having trouble with your Instagram ads, you can hire a professional to help you. There are many companies that specialize in Instagram advertising and can help you create and manage your ads.