REX Financial CEO Greg King says the crypto market gets dicey “below the top 10” and ETF issuers should carefully choose what tokens to turn into funds.

While most look at historical patterns and Bitcoin dominance, Bitfinex analysts say that the start of an altcoin season may hinge on the launch of crypto ETFs.

Altcoins allow developers to test new functions and applications, which eventually make it onto Bitcoin, says American venture capital investor Tim Draper.

Bitcoin plunged to seven-week lows below $109,000 briefly, erasing all gains since the Fed Chair’s Jackson Hole speech on Friday.

French chipmaker Sequans has said it is looking to accumulate 100,000 Bitcoin within five years in an aggressive treasury strategy.

Canary Capital has filed for a US-only crypto ETF, aiming to track an index of American-rooted digital assets as the SEC weighs other fund applications.

Sharps Technology announced a $400 million raise to launch a Solana treasury, sending its shares soaring Monday as more health sector firms pivot into digital assets.

Bitcoin’s recovery hinges on the resumption of the spot ETF inflows and investors’ ability to compartmentalize the whale selling and focus on fundamentals.

ESMA, IOSCO and the World Federation of Exchanges urge the SEC to tighten oversight of tokenized equities, warning of investor risks as Wall Street giants eye the growing market.

Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur.