Altcoin season Even if it hasn’t started yet, the signals will be strengthened. CoinMarketcap‘s Altcoin season index is at 44 out of 100 and 75 thresholds for an subszon must be reached. However, Bitcoin 
$110,298.55 Dominance, in other words, the market share of the biggest crypto currency decreased by 6 percent in the last month to about 58.5 percent. According to Bitfinex analysts, the key factor that will open the door of the Altcoin season Altcoin ETF‘s will be the approval.
Bitfinex Analysis: New ETF approvals will bring the Altcoin season
Crypto currency exchange Bitfinex‘of according to the analysis More ETFs must be activated for a general rally in the Altcoin market. Bitcoin and Ethereum 
$4,429.11A similar institutional capital flow will be moved to Altcoins and thanks to these products, sustainable and price independent demand will be provided. Analysts do not expect a strong rally spreading throughout the market unless the approval is not available in this direction.
Spot Bitcoin ETFSince it has been opened to transactions in January 2024, it has been active for 19 months and has been open to transactions. Spot Ethereum ETFTheir active and operations for almost 13 months. Eyes now Solana, XRP And even in Memecoin -based ETFs. However, the fact that the US Securities and the Stock Exchange Commission (SEC) recently has recently postponed the Bitcoin-Ethereum ETF of Truth Social, 21shares and Bitwise’s Solana ETF and 21shares Core XRP ETF has postponed the application decisions.
From Bloomberg Eric Balchunas The number of crypto currency ETFs managed until 2026 is expected to increase with the approval of the SEC, including a memecoin basket.
When will the Altcoin season begin?
Among the experts and analysts, there is a serious disagreement about when the Altcoin season will begin. Coinbase Instituteal Research Head David DuongIn the opinion that the current conditions will create a ground for a full -scale Altcoin season like September. Bitfinex analysts pointed to the later periods of the year for the Altcoin season.
Experienced crypto currency analyst Michael van de poppe especially Ethereum And he announced that he saw it as an opportunity to take positions for the Altcoins and expected a big explosion in the last quarter of the year.
For now, the appetite on the market is also limited. Bitfinex analysts noted that capital inflows on the market were positive, but softened compared to the strong demand during the previous peak periods. This is despite the mobility in Bitcoin altcoinIt causes limited and printed movement in the s.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
