In today’s crypto for advisors, Gregory MallThe Chief Investment Officer of Lionsol Global writes about the current rally of bitcoin, and can probably affect altcoins how it is historically.
Then, Kevin Tam Crypto’s trends, 13-F filing and an expert in institutional adoption are seen in an expert.
– Sara Morton
Bitcoin’s breakout – Is Altcoin rally ahead?
On 22 May, Bitcoin (BTC) marked a historic moment, crossing the levels seen earlier this year, reaching a new all-time high. While the prices have been consolidated, BTC remains within the striking distance of its all-time high-Macro uncertainty, low trading volume and general market skepticism achieved.
Meanwhile, most altcunes stay away from their respective all -time high. In early June, Ethereum (Eth) is still about 20% below its November 2021 peak, and Solana (SOL) sits more than 30% of its former high levels. This deviation highlights that some market supervisors “the most hate rally” are saying that the calm, low participation increased in the coin, which caught many offers.
What did BTC rally do?
Three major factors recently contributed to BTC breakout:
Central Bank optimism: Futures markets suggest that the rate cut from the Federal Reserve is likely to be in the second half of 2025, further further with Eurozone – now on its seventh rate cut. The background of this relaxation has specifically revived the risk of risk in property, especially among institutional allocates. With the tariff fear in the rearview mirror, the approach to overall inflation has improved significantly in recent weeks.
Institutional flow: Spot bitcoin ETF, approved earlier this year, continue to absorb the flow. While the daily versions have diluted the height of the launch-wheel, pure flows remain constant positive, especially from fee-sensitive RIA and private money channels. For the year, the cumulative flow is more than $ 16 billion, this year with the largest flow recording of May. At the same time, microstrates and other companies have continued to stack corporate treasury assets in bitcoins.
Reducing political risks: Improvement in fading tariff stress and global trade spirit helped to stabilize wide markets, allowing risks like bitcoin to resume their upwards.
Despite these tailwinds, the rally took place in relatively thin amounts.
BTC dominance is increasing – but history is sung
Bitcoin Dominance – The percentage of the total crypto market cap created by BTC has now climbed above 54%, above about 38% at the end of 2022. Historically, the BTC dominance has begun to perform better than the ultCin before the peaks. During the 2017 and 2021 cycles, Altcoin rallies lagged the BTC all-time high behind for two to six months.
Source: Tradingview
If we wear history, rotation from bitcoin to altcoins can already run. Ether’s recent outperformance – Posting 81% rally since the April climb – an indication that Bhavna has started spreading from Bitcoin to Altcoin market.
Altcoin season ahead?
While the word “Altson” is often thrown carelessly, some real indicators are worth watching:
Institutional widening: Allocator entering BTC through ETFs are now evaluated widespread risk. Equal-wisdom or smart beta index that provide variety of risks for layer 1S, DEFI and infrastructure tokens are receiving traction.
L1 innovation and story cycle: Layer 1 continues to develop ecosystems such as solana, avalanche, and near actual throwput reforms, which are rapidly relevant as a user demand for on-chain activity returns.
Defi revival: In early June 2025, the total value in the DEFI protocol has overtaken $ 117 billion, which marks a significant recovery from the April decline. According to Difilama, the total value in all DEFI pools has increased by 31% since the April climb of April.
Risk Rotation: In traditional markets, with the mature of the bull market, investors move from large cap to smaller/middle cap. Crypto is no different. Bitcoin can be the initial point, but not the end.
alert
Although Crypto is important diversification benefits associated with investment, it is also appropriate to say that Crypto is still behaving as a risk-property class on a large scale. As exposed by the latest OECD report, the global economic landscape is becoming increasingly delicate. Increased trade restrictions, strict credit status, decline in business and consumer confidence, and frequent policy uncertainty are all weighing on the possibilities of development and increasing the risk of selling speculative assets incorporating crypto.
Major takeaments for advisors
Expect rotation: If the former cycle is a guide, Altcoins may lag behind the BTC, but rally with delay. Advisors should consider this while rebelling the portfolio.
Diversification matters: Equal-wisdom Crypto baskets or thematic exposures (eg, layer 1S, DEFI) can help catch upside down without betting on the same property.
Stay objective: While price action should often remain northern star for allocation decisions – from network activity – from network activity to developer speed.
The new all-time high of bitcoin is certainly a milestone. However, it can also be a sign: The next stage of the cycle may be related to the broad crypto asset class. Advisors who understand the time and mechanics of the market winding are the best deployed to guide customers through the next stage.
Legal disconnection: The information presented, displayed, or otherwise provided is only for educational purposes and should not be considered as investment, legal, or tax advice, or selling or selling a proposal or selling a proposal or a proposal to sell or sell a proposal to buy any interest in any fund or other investment product. Lionsol Global Advisors’ products and services access to the products and services are subject to certain conditions of documents between potential customers and probable global advisors, as they can be modified on time -time.
– Gregory Mall, Chief Investment Officer, Lionsole Global
Ask a specialist
Question: In one year’s trend, how do Canedian Bank and Pension Fund Bitcoin have?
A: This recent quarter 13F filing suggests that Trans-Canada Capital at Montreal has invested significantly in digital assets. They manage pension assets for Air Canada, one of the largest corporate pension schemes in Canada. Pension Fund added $ 55 million to the spot bitcoin ETF.
Bitcoin’s institutional adoption has accelerated in the last one year, which is powered by a clear regulatory guidance, the launch of the spot ETF and the increasing recognition of bitcoin as a strategic property. Schedule 1 Bank in Canada is organizing more than $ 137 million in Bitcoin Exchange Traded Funds, outlining the growing institutional demand and long -term situation.
Question: How can institutional accumulation affect the market of bitcoin?
A: Last year, ETF bought around 500,000 bitcoins, while the network produced 164,250 new bitcoins through evidence of its work consensus. This means that the demand for ETF was three times higher than the new mining supply alone. Additionally, public and private corporations bought 250,000 bitcoins. As governments consider in their strategic reserve, including bitcoins, other institutions are searching. Add bitcoin to their corporate treasury,
Question: How will the Financial Conduct Authority (FCA) Greenlighting Retail Access grow in retail and institutional adoption for Crypto Exchange-Treded notes (ETNs) in the UK?
A: This is an important moment for crypto products in the retail market that is as asset class which reflects a comprehensive change UK regulator Till to digital assets. This is a complete opposite from the 2020 decision when FCA banned the notes of the Crypto Exchange Trades. The ETN will need to trading on the investment exchanges approved by the FCA. The UK is changing its approach to Crypto as the government wants to increase the economy and support the industry of a digital assets. They are sending a strong signal to institutional investors that the UK is giving himself a place as a competitive player in the global crypto market.
