Institutional investors are eyeing altcoins as the next wave of cryptocurrency ETFs hits the US. The SEC received five new altcoin ETF filings in October, with each approval potentially opening the door for more institutional buying. Ether ETFs attracted $9.6 billion in Q3, surpassing Bitcoin ETF inflows, signaling increasing institutional demand for alternative crypto exposure.

Smart money traders on Nansen’s platform are positioning themselves for the approval of altcoin ETFs, with Uniswap, Aave, and Chainlink being the most held tokens. However, BlackRock’s absence from altcoin ETFs may limit overall inflows, as their Bitcoin ETF has amassed $28.1 billion in investments so far in 2025. Without BlackRock’s fund, spot Bitcoin ETFs have recorded a net outflow of $1.27 billion year-to-date, potentially impacting altcoin ETFs’ potential tailwind effect on underlying tokens.

Read more at Cointelegraph: Altcoin ETFs Will Catalyze Institutional Adoption After Bitcoin, Ether ETFs