Where are the institutions/companies/nations going to gain access to the shitcoins? That’s the difference.
If there's an mETH ETF there will likely be others. Maybe they won't make it in time for this bullrun, but I'd imagine scammers being creative on how they will get some of the big boy $$$. Like imagine a company with stonks doing the MicroStrategy play but with a basket of sh$tcoins.