Dozens of altcoin ETFs are about to be approved, and everyone’s hyped about how much they could pump their favourite cryptos. But what if we told you that these ETFs could actually crash the very altcoins they’re meant to help?
That’s because investors could start selling shares in the treasury companies that hold large reserves of these altcoins to buy into the new ETFs instead. That selling pressure could force those treasury companies to dump their altcoin reserves, triggering a ripple effect across the market.
Today, we take a close look at this possibility, tell you which altcoins could be affected, and what’s likely to happen after the altcoin ETFs launch. Video by Coin Bureau.
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