BTC - Bitcoin Ethereum ETF Could Make 'June A Really Good Month For Altcoins' Predicts Veteran Trader | Benzinga
The strong performance of Bitcoin (CRYPTO: BTC) spot ETFs and the upcoming Ethereum (CRYPTO: ETH) spot ETF launch should bode well for altcoins, according to a well-known trader.
What Happened: Capo of Crypto shared his optimistic outlook for altcoins in June, stating that artificial intelligence, real world asset tokens, meme coins, and the Ethereum and Solana (CRYPTO: SOL) ecosystems look good.
Capo stated that despite the recent underperformance of altcoins compared to Bitcoin, the scenario might change soon. He attributed the recent struggles of altcoins to the Bitcoin ETF narrative, which has overshadowed other cryptocurrencies.
He further elaborated that with the upcoming Ethereum ETF narrative, ...