Bloomberg Intel Shows Five Spot Altcoin ETFs Set to List Soon as Bitcoin Loses Capital
Intelligence data from Bloomberg exhibits that 5 spot altcoin ETFs are scheduled to checklist within the subsequent six days as main altcoins like ETH, SOL, and XRP expertise constructive capital flows.
Following the current launch of the Fidelity Solana Fund and the Canary Marinade Solana ETF, 5 extra altcoin ETFs are slated to debut in early December, which embrace the Grayscale Dogecoin ETF, the Grayscale XRP Trust, the Franklin XRP ETF, the Bitwise DOGE ETF, and the Grayscale Chainlink Trust.
Bloomberg Senior ETF analyst Eric Balchunas said that, past the 5 spot ETFs, he expects a gentle provide, probably over 100, within the subsequent six months.
Expert ETF analyst James Seyffart added that he’s monitoring over 150 ETFs but to be launched and expects many altcoin spot and leverage merchandise to flood the market quickly.
“Starting with Solana, there’s going to be a large move of altcoin ETFs coming into the market, and we’ve already seen about 4 authorised XRP ETFs which can be already doing numbers within the first month of launch,” Seyffart mentioned.
Bitcoin Bleeds $151M as Major Altcoin ETFs Capture $318M
Data from SosoValue exhibits that whereas altcoin ETFs are gaining momentum, U.S. BTC spot ETFs are actually experiencing unfavourable flows.
In the final 24 hours, Bitcoin spot ETFs recorded -$151.08M in each day web influx, whereas ETH, XRP, and SOL spot ETFs posted +$96.6M, +$164.04M, and +$57.99M respectively.

VanEck head of digital asset analysis Matthew Sigel noted that Bitcoin’s selloff was overwhelmingly a U.S.-session phenomenon, pushed by tightening liquidity and widening credit score spreads as AI-capex fears collided with a fragile funding market.
However, Bitwise CIO Matt Hougan believes Bitcoin’s capital flight is creating alternatives for altcoins to seize their community worth results higher.
“Tokens are getting a lot better at capturing worth. I’ll cowl three examples: UNI, ETH, and XRP,” Hougan mentioned.
He pointed to ETH’s coming Fusaka upgrade in December, which will increase token worth seize.
“Specifically, the approaching Fusaka improve (est. December) considerably will increase token worth seize. Surprisingly, nearly nobody is speaking about this.”
He additionally noticed buyers’ urge for food for different altcoins like XRP. According to him, there’s a rising give attention to worth seize in XRP as effectively.
“The neighborhood is beginning to think about concepts like staking, which might change the economics for token holders,” he added.
Analyst Predicts ETH $3,200, XRP $3, and SOL $150 in Year-end Rally
Ray Youssef, Founder and CEO of crypto superapp NoOnes, instructed Cryptonews that ETFs create a gentle influx channel that may serve as a liquidity buffer and assist take in current selling pressure.
“We are already seeing early indicators of this with Solana ETFs bucking the outflow development seen in Bitcoin ETFs, which noticed them bleed billions of {dollars},” he mentioned.
Youssef added that the U.S. XRP ETFs have additionally posted six consecutive days of inflows exceeding $420 million, together with over $250 million on the primary buying and selling day, which is the strongest ETF debut day efficiency witnessed this yr.
“The begin of the altcoin ETF season signifies that, for the primary time, retail and institutional buyers can acquire brokerage-integrated publicity to a diversified set of high-beta altcoins at scale,” he added.
While cautioning towards anticipating a right away development reversal due to the delicate macro atmosphere, Youssef believes ETF momentum is strengthening selective altcoin publicity.
This may drive the altcoin market towards new worth discovery as soon as Bitcoin stabilizes.
He predicted that “Altcoin ETF season momentum may set off an end-of-year rally, with Ether returning above $3,200, XRP reaching $3, and Solana reclaiming $150, supplied ETF demand is sustainable and macro volatility continues to ease.”
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Crypto funds noticed file outflows led by Bitcoin and Ethereum, whereas Solana and XRP drew inflows amid selective investor rotation.