๐ Institutional Investors Pivot to Ethereum: Bitcoin & XRP Lose Traction
The crypto world is witnessing a major shift ๐ โ institutional investors are now turning their attention toward Ethereum (ETH), leaving behind Bitcoin (BTC) and XRP, according to the latest market data.
๐ฐ Ethereum Dominates Weekly Inflows
Ethereum has emerged as the top choice for institutions, attracting a whopping $321 million in inflows last week alone โ its strongest performance since 2024 ๐. In contrast, Bitcoin saw its first weekly outflow in seven weeks, signaling a change in institutional appetite.
What's fueling Ethereumโs surge? ๐
๐ฟ DeFi Leadership: Ethereum continues to dominate the decentralized finance space.
๐ฆ Institutional Staking: More institutions are staking ETH for passive yield.
๐ง Confidence Boost: Ethereum co-founder Joseph Lubin's work on an ETH treasury reserve has bolstered investor confidence.
๐ช Bitcoin and XRP See Slowing Momentum
Bitcoin remains a heavyweight ๐, but recent outflows suggest institutions are looking elsewhere for growth. Despite a minor price drop (๐ 0.3%), companies like Metaplanet and Semler Scientific have still been buying โ scooping up over 8,800 BTC collectively.
As for XRP, it has ended an impressive 80-week inflow streak โ. Analysts believe the shift may be linked to regulatory uncertainties and a more limited growth narrative compared to Ethereumโs expansive ecosystem.
๐ Market Snapshot (As of June 2, 2025)
Ethereum (ETH): $2,485.21 ๐ฝ
Bitcoin (BTC): $104,551.00 ๐ผ
XRP: $2.15 ๐ผ
๐ฎ Whatโs Next?
With Ethereum's utility growing in sectors like DeFi, NFTs, and enterprise solutions, it's no surprise that institutions are betting on its long-term potential ๐ก. While Bitcoin remains a strong store of value and XRP holds niche appeal, Ethereum is becoming the platform of choice for innovation.#Ethereum #CryptoNews๐๐ฐ๐ซ
