The cryptocurrency market is abuzz with murmurs of ETFs, with multiple altcoins lining up to gain investor confidence as potential Crypto ETFs. Erich Balchunas, Bloomberg’s ETF specialist, has updated his LinkedIn profile with a new post, announcing that nearly 5 ETFs will soon be available for trading in the market. Will this ETF wave help stabilize the brewing altcoin momentum? Let’s find out.
Also Read: Bitcoin Has Crashed 21 Times And the Outcome Will Surprise You
New ETF Update: Will Altcoins Finally Move?
As per Eric Balchunas, 5 altcoin ETFs are ready to take over the market. Per Balchunas, the XRP ETF, alongside the Chainlink and Doge ETFs, will take center stage in the coming weeks.
“Five new spot crypto ETFs are launching in the next 6 days… including the first-ever spot Dogecoin ETF hitting the market today. They are coming out fast and furious now; we predict over 100 new crypto ETFs will hit the market in the next six months. Land rush in effect. Everyone saw how Bitcoin, Ether, Solana, and XRP were instant hits, so the industry is tripping over itself to get in on the action. Some won’t survive, though, but that’s capitalism. There’s a good curtain-raising note on it out today from James Seyffart, CFA, CAIA, here.”
This new update has delivered a new wave of enthusiasm in the market, with many anticipating a credible change in the altcoin market narrative.
Altcoin Market Stats
As per the latest update by Bitcoin consensus, investor sentiment is now choosing a dynamic approach, with funds rotating towards major Altcoins via ETFs. The update shared how investors are now parking their money in major ETFs like Solana and XRP, helping the altcoin market gain credible attention.
“Spot ETF Flows: Nov 20 Breakdown 👇. Bitcoin $BTC: –$903.11M outflows. Ethereum ($ETH): –$261.59M outflows. Meanwhile, altcoins continued to shine. Solana $SOL: +$23.66M inflows. Ripple $XRP: +$118.15M inflows. Clear rotation: money is leaving BTC & ETH and moving into higher-beta alts.”
In addition to this, many experts believe the altcoin season is already here, waiting for the right time to explode.
“History doesn’t repeat, but it often rhymes. 2019 → 1st Bull Run. 2021 → 2nd Bull Run. 2023 → 1st Bull Run. And now… 2025 → 2nd Bull Run loading. Each cycle ended with the same pattern: A strong rise. A deep correction. Then a massive Altcoin Season (50x moves). If this structure holds, we are standing right before the next explosion. Most won’t believe it until it’s too late. #AltcoinSeason #Crypto.”
Also Read: Bitcoin Price Prediction: Is December Good For Bitcoin?