Altcoin ETFs Dey Face Limited Institutional Demand Despite US Approvals, Analyst Warn
Analysts dey highlight say even though US spot Ethereum ETFs and applications for other altcoin ETFs like Dogecoin and Solana dey move forward, e no likely say these products go attract big institutional demand. Unlike Bitcoin ETFs wey don get strong inflows and price gains, altcoin ETFs dey face challenges like higher risk perception, regulatory wahala, and insufficient market liquidity. Notably, Ethereum ETFs experience small spike for inflow but e no fit keep price momentum, prices drop pass 50% after the first rally. US SEC don postpone decision on Dogecoin and XRP ETFs, and analysts warn say staking options alone no go drive demand unless e get bigger price rally and stronger investment story. For crypto traders, altcoin ETFs fit add new trading options but dem no expect say institutional channels go make price jump for near time. Regulatory developments and general crypto market trends still be key things to watch.
Neutral
Di news tok say, even tho dem get recent U.S. approvals and more altcoin ETF applications, institutions no too dey buy dis kind product because dem still dey fear risk, regulation and how quick e fit turn to cash. Ethereum, Dogecoin, Solana and XRP ETF no dey attract institutions like Bitcoin ETF. Just staking features and new listings no go fit change dis matter if price no dey go up and if no strong story dey support am. So for now, price impact wey dem fit expect from institutions buying dis altcoins go small, e mean say crypto assets like dis go remain steady both short term and medium term.