Overview

• Bloomberg’s James Seyffart says the present market qualifies as an alt season led by digital asset treasury companies rather than retail-driven token rallies.
• Coindoo reports that Tom Lee’s BitMine made back-to-back Ethereum purchases totaling more than $525 million this week, though these treasury moves have limited independent corroboration.
• The SEC/CFTC ETF framework positions about ten assets for potential approval once six months of futures trading occur on CFTC-regulated exchanges, with Coinbase Derivatives cited as the primary venue.
• Seyffart expects inflows into single-asset altcoin ETFs to fall well short of Bitcoin’s ETF debut as investment advisors seek broader diversification.
• Multi-asset baskets from Grayscale and Bitwise are awaiting SEC action after initial technical approvals, and analysts see these products as better aligned with institutional demand.