The approval of ETF spot ETF will lead to the outbreak of altcoins. After the approval, some institutions will be exposed to more new applications other than digital gold. It shows that ETFs and similar products will no longer be classified as a single Chinese securities. This position is very important. It will also bring a lot of funds to the altcoin market. Unlike BTC investors, these investors pay more attention to technological growth rather than the macroeconomic environment. The more hype the ETH spot ETF is, the more beneficial it is to the entire altcoin market. The altcoin season that everyone is looking forward to is coming.