Wall Street’s growing interest in the later stages of cryptocurrency companies may interfere with the traditional boom-and-bust cycle of digital assets, according to new research.
Matrixport’s Crypto Financial Services Firm said Friday that more than $ 200 billion worth of crypto companies prepare initial public (IPO) offerings, which can raise between $ 30 billion and $ 45 billion in new capital.
Matrixport said the investor’s focus revolves around early stages towards the measured, IPO companies are already positioned for public markets.
Continued sale of Bitcoin (Btc) Miners and early adoption have “almost neutralized ETF and wealth flow, reducing volatility and appealing Bitcoin to investors looking for danger,” Matrixport said on a Friday X Post. “Wall Street, however, has every incentive to expand the bull market, with up to $ 226 billion in crypto IPOs waiting for the pipeline to raise $ 30 – $ 45 billion in new capital.”
The report came as multiple high-profile crypto companies prepared IPO plans, including Crypto Exchange Kraken, which has been reported recently That -secure the $ 500 million In funding a $ 15 billion appreciation, according to anonymous resources mentioned by Fortune on September 25th.
The news came less than a week after crypto custodian Bitgo filed in List its usual stock at the New York Stock Exchange under a US IPO filed on September 19. The Palo-based company reported nearly $ 90.3 billion on property under caution and a user base of 4,600 entities and 1.1 million users.
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ETFS signal “paper backed Alteason” for select altcoins
The Matrixport report supports past insights from industry observers, predicting that the 2025 Crypto market cycle will not feature an Altcoin period similar to recent years, but only selected Altcoins with institutional backing or outstanding exchange (ETF) are visible more than the rest of the market.
However, some analysts argue that dynamic onchains point to the beginnings of a Altcoin period.
“While many investors remain myopically dedicated to Bitcoin, ETH quietly exceeds the background” as Bitcoin’s dominance decreases towards the “person lows,” according to Nic Puckrin, Crypto analyst and coin bureau’s Coin Bureau educational analyst and coin bureau.
“Historically, these have been signs of a return to the Altcoins,” even though he emphasized the trend has been selected to this day.
“While this market cycle is different from 2021 to this day, we begin to see signs of altcoin prevention, even when selected.”
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Other analysts point to the ETF filing pipeline waiting for approval due to the next potential catalyst for the incoming Altcoin era.
“The entry of the altseason is supported by the paper,” said Ki Young Ju, the founder and CEO of the Blockchain Analytics Cryptoquant platform, on a Monday X Post.
It came as the crypto industry awaits the Securities and Exchange Commission (SEC) decision on the remaining Crypto ETF filings related to at least five tokens, submitted in October.
Litecoin of Canary Capital (LTC) The ETF deadline is set for October 2, but the Sec in ETF filing. It is unclear whether the lack of response is due to continuous USSHUTDOWN OF US GOVERNMENT or before GENERIC GOVERNMENT GUIDELINESthat will provide a 19b-4 deadline that is irrelevant.
Multiple Solana (Sol) ETF files from Grayscale, Vaneck, 21shares and Bitwise face a decision on October 10.
Later on the moon, XRP (XRP) ETF filing from Grayscale, WisDomtree, Bitwise and Coinshares await comments between October 19 and 24.
Finally, Dogecoin by Grayscale (Doge) Etf and cardano (Ada) ETF is both expected to receive a final decision before the end of October.
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