Ethereum ETF approved, don’t hold your breath for altcoin ETFs
Despite the Ethereum ETF approval, it is highly unlikely that other altcoin ETFs will receive significant approval any time soon.

Despite the Ethereum ETF approval, it is highly unlikely that other altcoin ETFs will receive significant approval any time soon.
10X Research further elaborated on this point in a newsletter.
In the next six months, the scale of altcoin unlocking will reach US$20 billion, and nearly US$6 billion of new tokens will be issued every month.
Cryptocurrency market analysts believe that the decline in altcoins may be related to the recent large outflows from spot Bitcoin ETFs.
After the “shock” of the past four months, the altcoin market may present “some opportunities” for investors.
What would the passage of an Ethereum ETF mean for your favorite altcoins? Some altcoins would clearly benefit, but some, like Solana, would likely suffer.
Analysts say the sideways movement in the Bitcoin dominance chart could be a reversal signal that could kick off the entire altcoin season.
In the dizzying and rapid rise of BTC, we bid farewell to the skyrocketing February of 2024 and ushered in the uneasy March.
Todd Groth, director of research at CoinDesk Indices, said the rise of Bitcoin and Ethereum and more favorable macro conditions could be good news for altcoins this year.
The Solana and Avalanche ecosystems have seen near-parabolic growth as Bitcoin dominance has declined slightly. Is it altcoin season?