Many people worry that the money from the Bitcoin ETF won't rotate to alts.
A part of it indeed won't and nor does it need to.
In the entire history of the global crypto market, a higher bitcoin has always correlated with a strong and healthy alt-run after.
EVERY SINGLE TIME.
And do you think institutions in the past have been interested or have been rotating their capital in Bitcoin to low caps or sh*t coins?
Their sole involvement has been Bitcoin and Bitcoin only.
Maybe a few exceptions in the top 10.
The ETF is the same exact scenario.
But you know what a higher Bitcoin does do?........Worldwide recognition and large media attention.
The market always correlates if the top dog is hot and trending, it draws others to the entire market.
Retail or professional traders that have made a good amount of profit on Bitcoin? Rotation.
New retail that joins the market? Rotation.
Institutions have never been responsible for alt-seasons in the past and yet we've had astronomical gains back then.
So don't worry. There's little to stress about.
The higher Bitcoin goes, the better. Regardless where the Inflow comes from.
Ticktalker out
Ciao.