Ethereum fund holdings surge 138% – Altcoin rotation in progress?
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Institutional ETH fund holdings have surged 138% in a year, significantly outpacing Bitcoin's 36% growth. Analysts predict a capital rotation from Bitcoin to altcoins, with Ethereum leading the charge. Currently, ETH holdings stand at approximately 6.8 million, driven by spot ETF inflows and its expanding role in DeFi. Meanwhile, Bitcoin's holdings have increased modestly to 1.3 million BTC, indicating a cautious approach from institutional investors. Ethereum's rapid growth suggests a breakout momentum in the crypto market.
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