Part 3/8:
Influencing Factors for Alt Season
The investor identifies two critical influences that they believe will trigger alt season.
- Influx of Money from Altcoin ETFs: They highlight that the potential validation of several altcoin ETFs, particularly the growing consensus among experts regarding their approval, will create a tsunami of investment capital flowing into altcoin markets. They point to various altcoin ETFs that are on the verge of approval, keeping in mind the regulatory environment and the business interests of major financial firms like BlackRock.