Altcoin ETFs Won’t Create ‘Material Demand from Institutional Investors’

Bitcoin’s rally in May has led to improved sentiment in the crypto space, despite persisting macroeconomic concerns stemming from US President Donald Trump’s aggressive tariff policy.

However, although Bitcoin briefly set a new all-time high on 21 May, most altcoins are still considerably down and look unlikely to retest their all-time highs in the near-term.

Altcoins have historically outperformed Bitcoin during sharp rallies and risk-on periods, but Suliman Mulhem, a financial analyst, has cautioned that BTC is set to deliver superior returns this cycle despite altcoin ETFs being on the horizon#BTCBreaksATH $BTC