Institutional Focus Narrows to $BTC and $ETH as ETF Inflows Hit $928M
We’re seeing a pretty clear divide in the market right now. While many altcoins are struggling to find footing, institutional investors seem to be narrowing their focus toward the two biggest players.
Last week, Bitcoin and Ethereum ETFs took in a combined $928 million. Here is how that broke down:
* $BTC led the charge with $767M, marking three straight weeks of consistent buying.
* ETH isn't being ignored either; it picked up $161M, suggesting that professional appetite is definitely extending beyond just $BTC.
* The Rest: Other assets didn't share the love. Solana saw very little movement, and $XRP actually saw money moving out.
It looks like "smart money" is currently prioritizing liquidity and the relative safety of established ETFs. For now, the big story is this rotation into the majors, while the rest of the altcoin market waits for its turn.