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Bloomberg analyst says altcoin ETF approvals unlikely to trigger a traditional alt season – TON BOT

Bloomberg analyst says altcoin ETF approvals unlikely to trigger a traditional alt season

Bloomberg ETF analyst James Seyffart believes the current market is experiencing an altcoin season driven by digital asset treasury companies, rather than traditional token price rallies. He expects upcoming ETF approvals to focus on assets like Dogecoin and Chainlink, with institutional preference for diversified basket products over individual altcoins. Institutional money is shifting the cryptocurrency market dynamics towards more established assets.


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