Bloomberg Analyst Talks About XRP and Solana – "The Altcoin Season Might Have Already Occurred"

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 23 2025

XRP and Solana ETF Performance: Bloomberg Analyst James Seyffart highlighted the strong performance of XRP and Solana ETFs, noting record-breaking inflows and significant retail investor demand despite challenging market conditions.
Upcoming ETF Launches: Seyffart mentioned the imminent launch of Dogecoin and Chainlink ETFs, with Grayscale's Chainlink Trust expected to convert into an ETF on December 2 and Bitwise's Dogecoin ETF on November 26.
Shift in Altcoin Market Focus: Seyffart suggested that the current interest in the altcoin market may be shifting towards Digital Asset Trusts (DATs) and crypto mining companies, rather than individual altcoins.
Future of Crypto Investment Products: He predicted a long-term trend towards "basket products" (index ETFs) that include multiple altcoins, which would help institutional investors manage risk more effectively.

About the author

Preview

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.