TradFi Shifts Strategy as Altcoin Performance Challenges Bitcoin Dominance

Wall Street is increasingly integrating cryptocurrency, moving away from previous skepticism. Recent data suggests that a dollar-cost averaging strategy into a basket of altcoins since 2022 has outperformed a pure Bitcoin portfolio. Key market developments include a significant $730 million inflow into Bitcoin ETFs on September 3, a new crypto banking partnership between SoFi and Kraken, and Robinhood's growing role in decentralized finance infrastructure. Additionally, the SEC has initiated its first transfer-agent overhaul in 40 years to facilitate blockc