"The SEC will not approve a Bitcoin ETF" FUD is the new "China will ban Bitcoin" FUD. Shut them out. Do not be affected by the volatility, and keep your eyes on the next halving on 2020.
Plus keep buying the dip!
If they like they should not, they will still have themselves to blame eventually anyway
. What most of them look at is the present, but due to the little knowledge they have about what is at hand, it has clouded them from seeing what it would be like in the future and not just about the price alone, but its usefulness and usage as a currency in the long run.
No, not just as a "currency", but as hard money that's good as a store of value, medium of exchange, and a unit of account.
Hence, rather than focusing on what is not going to be approved, they should be focusing on how what is going on in Iran, has happened in Zimbabwe and the likes, with people leaving fiat for a safe haven, then, they will know better to chill out.
Or focus on the history of inflation on your own currency.