Capital rotation in the crypto market: Bitcoin loses ground, altcoins gain strength

The spot ETF market for digital assets shows a clear shift in investor priorities. On Monday, a wave of selling primarily affected Bitcoin-based instruments, which experienced a third consecutive day of net outflows — $142.19 million left these funds.

At the same time, there is a noticeable redistribution of capital toward alternative assets. Ether, on the other hand, regained positive momentum: ETH-based ETFs attracted $84.59 million, with leading roles played by ETHE and Mini Trust funds from Grayscale. This inflow indicates a renewed interest in the second-largest cryptocurrency by market capitalization.

Among other digital assets, XRP demonstrated notable success, attracting $43.89 million into ETF instruments, while Solana recorded a more modest increase of $7.47 million. Although Blackrock’s IBIT maintained a positive flow, its volume was insufficient to fully offset the outflow of funds from Bitcoin-related funds.

Cryptocurrency trading activity has accelerated amid this reorientation. Total assets in ETH ETFs reached $18.2 billion, reflecting the growing importance of this instrument in the market. Despite volatile sentiment, instruments tracking XRP and Solana show a steady capital flow, indicating sustained interest in portfolio diversification during the closing period of the year.