QCP Capital: Signs of Altcoin Season Emerge as Institutional Funds Accelerate Ethereum Positioning
BlockBeats News, July 21st, QCP Capital posted on its official channel indicating that recent indicators suggest the altcoin season may have quietly started. The Altcoin Season Index has surpassed 50, hitting a new high since December last year. The Ethereum perpetual contract open interest surged from $18 billion to $28 billion within a week, with institutional funds driving this round of growth.
The passing of the "GENIUS Act" has provided a clear regulatory framework for stablecoin issuance, prompting corporate finance departments to view ETH, SOL, XRP, ADA, and others as a new generation of "crypto reserve assets." Furthermore, if the Ethereum spot ETF gets approved, it is expected to further drive institutional allocation from Bitcoin ETF to ETH.
Last week, the ETH spot ETF saw net inflows exceeding BTC for two consecutive days, significantly boosting confidence among institutions such as BlackRock. The options market also shows a strong bullish signal, with an optimistic outlook for the fourth quarter.
The current Bitcoin dominance has dropped from 64% to 60%, while ETH dominance has risen to 11.6%. Overall, it appears that a new round of the altcoin season has officially begun.
You may also like

The Year Trump Embraced Cryptocurrency

IOSG: Port and New City, Two Cryptoverse Views of BNB Chain and Base

Perpetual Contract Genesis: Pricing Liquidity with a Magic Formula, Transparency Prevents it from Reaching its Full Potential

Key Market Intelligence as of December 31st, how much did you miss out on?

The first large-scale adoption of a "yield-bearing stablecoin" was in China
Market Update — December 31
From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

Lighter Token Distribution Sparks Controversy, Zama Launches USDT Private Transfers, What is the Overseas Crypto Community Talking About Today?

Can't Beat the Stock Market, Can't Outdo Precious Metals, Is Crypto Really Becoming the Bull Market for "Outsiders"?

Why Did the Prediction Market Take Nearly 40 Years to Explode?

Key Market Intelligence on December 30th, how much did you miss out on?

Matrixdock 2025: The Practical Path to Sovereign-Grade RWA of Gold Tokenization

Paradigm's Tempo Project Launches Testnet, Is It Worth Checking Out?

Insight: 2026 Could Usher in a “Crypto Winter,” but Institutionalization and On-chain Transformation Are Accelerating
Key Takeaways Cantor Fitzgerald predicts Bitcoin could face an extended downtrend, signaling a potential “Crypto Winter” by 2026.…

Caixin: Digital RMB Wallet Balances to Begin Earning Interest in 2026
Key Takeaways: Starting January 1, 2026, digital RMB wallets will earn interest on balances. The operational structure will…

Lighter Founder’s Latest Response on Token Launch Progress, What Was Said
Lighter’s Founder, Vladimir Novakovski, clarifies key concerns in an AMA, focusing on detecting and resolving bot account manipulations…

Cryptocurrency Trends and Insights: Navigating the 2025 Landscape
Key Takeaways Cryptocurrency continues to evolve rapidly, with new trends reshaping the market. Blockchain technology’s applications extend beyond…

Lighter: Airdrop Successful and Token Trading Imminent
Key Takeaways: The Lighter Discord community recently announced the successful distribution of LIT tokens, marking the beginning of…

UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What’s the Overseas Crypto Community Talking About Today?
Key Takeaways The crypto market is buzzing with multi-threaded discussions, from macro trends to specific protocols and scams.…
The Year Trump Embraced Cryptocurrency
IOSG: Port and New City, Two Cryptoverse Views of BNB Chain and Base
Perpetual Contract Genesis: Pricing Liquidity with a Magic Formula, Transparency Prevents it from Reaching its Full Potential
Key Market Intelligence as of December 31st, how much did you miss out on?
The first large-scale adoption of a "yield-bearing stablecoin" was in China
Market Update — December 31
From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."