Bitfinex Alpha Believes No Altseason Until Regulators Approve More Diverse Crypto ETFs Beyond BTC/ETH
Bitfinex Alpha argues that a true altseason remains unlikely until regulators approve exchange-traded funds (ETFs) for cryptocurrencies beyond Bitcoin and Ethereum, as current market conditions favor continued institutional accumulation in established digital assets over broader altcoin rallies. The exchange’s latest analysis indicates that while Ethereum has reached new all-time highs above $4,950, significant capital rotation…
