{"id":26492,"date":"2025-08-26T11:38:44","date_gmt":"2025-08-26T08:38:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26492"},"modified":"2025-08-26T12:51:39","modified_gmt":"2025-08-26T09:51:39","slug":"bitfinex-outlines-conditions-for-a-new-altcoin-season","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitfinex-outlines-conditions-for-a-new-altcoin-season\/","title":{"rendered":"Bitfinex Outlines Conditions for a New Altcoin Season"},"content":{"rendered":"

The altcoin season will not commence until new cryptocurrency ETFs are approved, according to analysts<\/a> at Bitfinex.<\/p>\n

Over the past month, Bitcoin’s dominance has decreased by 6%. Typically, a decline in this metric indicates a potential start of an altcoin season.<\/p>\n

However, experts believe it will only occur towards the end of the year, following the restoration of stable inflows into digital gold-based funds and the launch of new investment instruments.<\/p>\n

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\u201cThese products will create a sustainable demand, independent of short-term price fluctuations, and lay the groundwork for a market-wide revaluation,\u201d they explained.<\/p>\n<\/blockquote>\n

The view of Bitfinex analysts contrasts with the forecast from Coinbase Institutional. Earlier, experts noted<\/a> that current market conditions suggest an imminent start of a full-scale altcoin season, expected to begin as early as September.<\/p>\n

Meanwhile, in July, CryptoQuant author and on-chain analyst Timo Oinonen pointed<\/a> to the end of the era of \u201cmass altcoin seasons.\u201d<\/p>\n

When Are the New ETFs? <\/h2>\n

The SEC<\/span> is reviewing<\/a> over 70 applications for the launch of exchange-traded funds based on various cryptocurrencies. Previously, Bloomberg analyst Eric Balchunas predicted<\/a> a \u201csummer of altcoin ETFs.\u201d<\/p>\n

In July, the regulator lowered<\/a> barriers for cryptocurrency investment products. The Commission proposed listing standards focused on derivative markets. Balchunas called this rule a \u201cpretty significant event,\u201d as it paves the way for ETFs on about a dozen altcoins.<\/p>\n

In the same month, the U.S. saw<\/a> the launch of the first exchange-traded fund based on Solana with a staking feature \u2014 the REX-Osprey Solana Staking ETF (SSK). Nevertheless, the SEC continues to delay decisions on other applications from companies like 21Shares, Bitwise, and BlackRock, which are seeking<\/a> approval for altcoin-based investment products.<\/p>\n

Balchunas and his colleague James Seyffart expect the regulator to approve new ETFs by the end of 2025. They believe that structures focused on Litecoin, Solana, and XRP are most likely to appear in the U.S.<\/p>\n

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Here are mine and @EricBalchunas<\/a>‘ most recent odds on spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025. pic.twitter.com\/H3pxJhqMy3<\/a><\/p>\n

\u2014 James Seyffart (@JSeyff) June 30, 2025<\/a><\/p><\/blockquote>\n