October Crypto Life and Death Game: ETFs Will Either Ignite a Bull Market or Dig a Deep Pit, Should Retail Investors Gamble or Avoid

The SEC is stirring things up again, the long-awaited ETF decisions have all been postponed to October: Truth Social's Bitcoin & Ethereum ETF has been postponed to October 8, the Solana (SOL) ETF to October 16, and the XRP Trust Fund to October 19. In other words, October may become a crucial turning point for the crypto market — a "Super ETF Month."

Why do I say this? Because ETFs are essentially the entry point for institutional compliant buying of coins, especially spot ETFs. Once approved, a large amount of traditional funds can directly enter the market through ETFs, buying spot assets, which is equivalent to having real money continuously buying in the market, naturally pushing prices higher.

However, the SEC's delay this time means it is still observing market sentiment, policy signals, and public opinion. By October, the SEC must provide a clear response, whether approval or rejection, and the market could experience significant volatility.

If approved, it would essentially act as a bull market accelerator. Bitcoin and Ethereum ETFs would directly attract institutional funds, enhancing spot buying pressure, and prices could surge rapidly in a short time. If Solana and XRP ETFs are also approved simultaneously, it could ignite a sector rally, boosting the entire secondary public chain.

If rejected, the market may experience a "spike" type of major volatility — first, when the news breaks, emotions may plummet, leading to short-term sell-offs. But note, this type of sell-off may be temporary, and could even become a "washing point" for the subsequent bull market. If the fundamentals remain unchanged and long-term outlook is still positive, then the decline offers a relatively cheap buying opportunity.

Additionally, BlackRock's Bitcoin ETF is a behemoth, with funds almost entirely absorbed by it. If new ETFs can be approved in October, it might lead to fund diversion, opening new avenues; if not approved, funds will continue to concentrate on Bitcoin and Ethereum, indicating that the market remains core. These are all things we need to pay attention to. Brothers who have read this, please hit follow so we can track the big ETF drama in October together.