Will the Ethereum (ETH) ETF Kickstart the Long-Awaited Altseason?

Renowned crypto expert Michaël van de Poppe (@CryptoMichNL) recently shared insights on X regarding the potential impact of an Ethereum ETF on the broader altcoin market. The crypto community is currently divided on whether altcoins will continue to struggle or if they are poised for a resurgence. Van de Poppe presents a unique perspective, suggesting that the Ethereum ETF could be a crucial yet overlooked catalyst for the market.

The Overlooked Ethereum ETF

While the Bitcoin ETF has garnered significant attention and hype, the Ethereum ETF has largely flown under the radar. Van de Poppe believes this lack of focus might be a mistake. He argues that the Ethereum ETF could have a more substantial impact on its underlying asset than the Bitcoin ETF.

Several factors support this view:

- Ethereum’s lower stock-to-flow ratio compared to Bitcoin, enhanced by staking and its deflationary mechanism.

- Ethereum’s role as a compliant settlement layer and