He added:
“I think this is the alt season. This has been the alt season. These DATCOs, I mean, they’ve been on absolute fire.”
However, Seyffart tempers expectations for altcoin ETF demand compared to Bitcoin products. He noted:
“Is it going to be the level of interest that a Bitcoin, the Bitcoin ETF launch had? I absolutely not.”
Seyffart expects basket products containing multiple cryptocurrencies to attract significantly more institutional capital than individual altcoin ETFs.
Seyffart questioned whether traditional altcoin seasons will materialize as institutional money drives cryptocurrency performance. He observed:
“I just don’t see a ton of institutional money coming into the 31st ranked crypto.”
Seyffart views current market conditions as increasingly institutionalized, with sophisticated players entering crypto markets.
This structural shift may permanently alter altcoin rally patterns as traditional finance channels provide easier access to crypto exposure through regulated products rather than direct token ownership.
The pattern suggests that institutional preferences favor established assets over speculative alternatives, regardless of the merits of the underlying blockchain technology.
