According to ChainCatcher, Citi analysts pointed out in their latest report that Ethereum, as the only major cryptocurrency approved as a spot ETF basis besides Bitcoin, may become the target of market rotation. 🌐
Analysts believe that with the increase in policy support, the market position of altcoins will be consolidated, and prices may rise as a result. 📈Bitcoin has been classified as a commodity and has traditional financial instruments such as spot ETFs and futures, while other crypto assets are more vaguely defined and have limited investment options.
The report also mentioned that if policies are further supported, altcoins will gain greater impetus and may usher in a "altcoin season" in 2025. 🔄