Ethereum Steals the Spotlight as Investors Ditch Bitcoin: Bull Run Incoming?
Money talks—and right now, it's screaming 'ETH over BTC.' While Bitcoin bleeds outflows, Ethereum's seeing a tidal wave of institutional interest. Here's why the flippening chatter just got louder.
### The Great Rotation: Smart Money Pivots
Hedge funds aren't just dipping toes—they're cannonballing into DeFi's liquidity pools. Bitcoin maximalists? Too busy polishing their 'digital gold' narratives to notice the yield farms printing behind them.
### Gas Fees Be Damned
Even with Layer 2 solutions still playing catch-up, Ethereum's network effect is undeniable. Meanwhile, Bitcoin ETFs gather dust like your boomer uncle's bond certificates.
### The Cynic's Corner
Let's be real—half these 'investors' still think ERC-20 is a highway exit. But when the herd moves, you grab a front-row seat. Just don't cry when the leverage gets liquidated.
$3,894 at $1.59 billion. Meanwhile, Bitcoin (BTC)
$118,912 saw a slight outflow of $175 million, while investment products based on Solana
$193 (SOL) and XRP received $311 million and $189 million, respectively. The United States and Germany made substantial contributions of $2 billion and $70 million, whereas there were outflows totaling $267 million from Brazil, Canada, and Hong Kong.
ContentsHistoric Second Peak in Ethereum InflowsShift Away from Bitcoin to Altcoins
Historic Second Peak in Ethereum Inflows
According to the latest report published by CoinShares, investors have been steadily channeling funds into the cryptocurrency market for the past fifteen weeks. Last week’s inflow of $1.9 billion brought the total capital inflow since the beginning of July to $11.2 billion, reaching an all-time high for monthly inflows. Particularly, US-based investment products alone secured a $2 billion share, setting the market trend. Germany also contributed $70 million, while capital outflows included $23.2 million from Brazil, $84.3 million from Canada, and $160 million from Hong Kong.
Investor confidence is seen to increase at an unprecedented rate, even after the US Presidential election. The consistent fund inflows into cryptocurrency-based investment products are bolstering positive expectations for institutional adoption of these products. crypto Traders Are Rushing to This App – Here’s Why You Should Too
Shift Away from Bitcoin to Altcoins
Ethereum achieved its second-strongest fund inflow ever, with a weekly volume of $1.59 billion, surpassing the total fund inflow for 2024 with $7.79 billion since the beginning of the year. Solana and XRP also attracted attention with fund inflows of $311 million and $189 million, respectively. An $8 million allocation to SUI indicated limited interest in altcoins. Cardano
$0.835723 (ADA) and Chainlink
$19 (LINK) received fund inflows of $1.3 million and $500,000, respectively. Conversely, Litecoin (LTC) and Bitcoin Cash (BCH) experienced outflows of $1.2 million and $660,000.
The $175 million net outflow from Bitcoin suggests that investors are rebalancing their portfolios in anticipation of potential altcoin ETF approvals from the US. Although conditions for a broad altcoin season have not yet matured, a significant portion of capital is directed towards Ethereum and several leading altcoins.
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