Why Is There No Expected Mobility in Altcoins? Analysis Company CEO Explained Why Ethereum Is Not Rising Especially!

CoinShares CEO Jean-Marie Mognetti pointed to record inflows into US-based Bitcoin ETFs as an indication that investor optimism continues. crypto para The market continues to gain momentum following the victory of President-elect Donald Trump.

Altcoins Like Ethereum and Solana Will Draw Demand in the US, Especially Once They Gain a Full ETF, According to CoinShares CEO

In an interview, Mognetti noted the significant inflows that Bitcoin ETFs have seen since the beginning of the year, stating that the sector has witnessed 12 consecutive weeks of cumulative net inflows. “The last time we saw this type of streak was in 2021,” Mognetti said, referring to the 15-week period of strong net inflows during that bull market: “But this time, we have Bitcoin ETFs in the US, which adds a new layer of accessibility for investors.” he adds.

Mognetti said Bitcoin ETFs are an important tool for both institutional investors and individual investors, allowing exposure to Bitcoin without directly owning the digital asset. “The ETF sector of the US market is off to a tremendous start this year,” Mognetti said. The analyst added that hopes are high among market participants for the upcoming Trump administration, which many view as positive towards crypto.

This bullish outlook is in line with broader sentiment from industry figures such as MicroStrategy Chairman Michael Saylor, who recently came out with his bullish Bitcoin price prediction of $13 million by 2045. While Mognetti shares Saylor’s optimism, CoinShares is more cautious in its predictions. “We are not in the business of making market price recommendations, but we believe Bitcoin has significant upside potential from current levels,” he said.

However, Mognetti warned that the US market is lagging behind in offering comprehensive Ethereum products, especially compared to other regions. “The SEC’s approval of Ethereum products was lacking,” he said, referring to the lack of staking options that are an integral part of ETH’s value proposition.

Despite this, Mognetti remains optimistic that other altcoins such as Ethereum and Solana will attract significant investment demand once regulators provide clearer frameworks for products, including stocks. “Once the SEC allows full-fledged products like Ethereum or Solana that include staking, we will see more activity and entry in these markets,” he added.

Looking ahead, Mognetti sees a bright future for Bitcoin and other digital assets as the U.S. regulatory environment improves. “The US market has been starved of crypto investment products since 2014,” Mognetti said, adding: “Now that Bitcoin ETFs are in place, there is an opportunity for Ethereum and other assets to seize this opportunity as regulatory clarity increases.”

*This is not investment advice.