Ethereum Signals Altcoin Season Kickoff as Net Capital Surpasses Bitcoin

Ethereum (ETH) has overtaken Bitcoin (BTC) in net capital change, a development tracked via Glassnode data, signaling the potential onset of an “altcoin season.”

This rare occurrence, where Ethereum’s market dynamics outpace Bitcoin’s, comes as ETH’s price recently broke the $4,000 barrier, nearing its inflation-adjusted all-time high. The shift reflects growing investor confidence, fueled by significant inflows into Ethereum ETFs—$1.6 billion—compared to $175 million in outflows from Bitcoin ETFs, according to Coinbase data.#ETH #altcoins