Most altcoin ETFs will be approved by the end of the year. After approval, it may take several more weeks for capital to flow in (large funds are slow to come in). As a result, altcoin prices are trading at the same level as Bitcoin's near-term ETF approval. -Bearish skepticism -Bear market PTSD traders screaming about market tops -Not truly realizing the scale of the market -General misunderstandings about how and why institutional investors act This reinforces my belief that this bull run is just beginning and that massive fiat will enter the top altcoin markets. Following the big money will come large partnerships. ETFs will not only provide access to massive capital but also further legitimize altcoins, which will lead to more large partnerships (we're already starting to see some large early adopters). Ultimately, I see a radical convergence of crypto and finance happening, and this bull run will lay the foundation for it. Investors don't view projects like @SuiNetwork or @avax as cryptocurrencies. Just like no one views Nvidia as a graphics card company or Tesla as an electric car company. Investing in these projects doesn't mean you're a tech geek. They view them as blue-chip stocks, essential for serious funds. Mark my words; the same will happen with $SUI, $AVAX, and many other solid projects in the space.