The floods of the main ETF Altcoin await the approval of the dry in October

The cryptography industry could be fixed for a flood of new funds negotiated in exchange for crypto in October, with the American Commission for Securities and Exchanges to make their final decisions on 16 ETF Crypto next month.

ETFs are connected to a variety of major altcoins, notably Solana (Sol), XRP (XRP), Litecoin (LTC) and even Dogecoin (DOGE), which have final deadlines dispersed throughout October.

For FIRST approval is decentralized Exchange, Litecoin ETF of Canary, with a deadline of October 2, followed by the conversion of the FIFUCIE Solana and Litecoin Trust of Grayscale on 10 and ending with the XRP Fund of Wisdomtree on October 24, according to a list of approvals to come by Bloomberg ETF Analyst James Seyffart.

The decision could occur at any time before the final deadline.

Bloomberg, dry, United States, social media, ETF
Source: James Seyffart

Bitfinex Crypto Exchange analysts predicted in August that a new season or a rally of Altcoin could be triggered in the back of the Crypto ETF approvals which offer investors an exposure to parts with less risk.

“Huge” the next few weeks in FNB

ETF analyst and Novadius heritage management, Nate Geraci, said in an X post on Monday that it would be a “huge next week for Crypto Spot ETF”, due to all documents approaching deadlines.

“Start this week with deadlines on the Canary Litcoin ETF spot. Will be followed by decisions on soil, Doge, XRP, ADA and Hbar ETF, although dry can approve all or part of all this,” he added.

Source: Nate Geraci

Meanwhile, the Crypto Daan Crypto Trades trader was qualified for October as “ETF”, but noted that two main actors, Fidelity and Blackrock, are absent from the list.

“None of those who have the deadline in October were issued by Fidelity or Blackrock, who are the two main players in the Crypto ETF space. Anyway, which could be something to watch in the coming weeks,” said Daan Crypto Trades.

In June, Seyffart closed the chances that the SEC approves the various FNB Crypto for a final deadline in October 90% or more in 2025.