Bitcoin News Update: Investors Shift Funds to Alternative Coins While BTC and ETH ETFs Decline
- Bitcoin and Ethereum ETFs face $2.9B outflows in November, while Solana and XRP ETFs attract $289.8M inflows, reflecting shifting investor priorities. - Canary Capital's XRPC ETF set a $59M first-day trading record, closing with $250M AUM, driven by demand for diversified crypto exposure. - Analysts cite Fed policy uncertainty, leveraged position liquidations, and weakening BTC-gold correlation as key drivers of Bitcoin ETF outflows. - Investors increasingly favor altcoins with tangible utility, such as
In recent weeks,
At the same time,
Conversely, Solana and XRP have
This divergence in fund flows points to a broader change in market sentiment. While BTC and ETH still serve as core assets, their dominance is being tested by projects that deliver real-world utility and scalability. McClurg noted that Canary's emphasis on "settlement of real-world assets and staking incentives" is in line with long-term adoption trends
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Institutions Choose Bitcoin as Protection Against Inflation, Not as a Payment Method
- BlackRock highlights rising institutional demand for Bitcoin as a "digital gold" hedge against inflation, not a payment tool. - Abu Dhabi's ADIC tripled its $517.6M stake in BlackRock's IBIT ETF, reflecting confidence in Bitcoin's long-term value preservation. - BlackRock develops a staked Ethereum ETF but faces regulatory hurdles, while crypto treasury firms like FG Nexus struggle with asset valuation pressures. - Institutional adoption accelerates globally, with Latin America expanding crypto infrastru
What's Next For the Crypto Market?

Bitcoin News Today: Bitcoin as Digital Gold, Ethereum as the Engine of Decentralized Finance: How Cryptocurrencies Are Carving Out Distinct Functions
- BlackRock executives highlight Bitcoin's shift toward "digital gold" as a long-term store of value, supported by institutional demand and fixed-supply models like Bitcoin Munari. - Ethereum's faster transaction velocity (3x BTC) reinforces its "digital oil" role, contrasting with Bitcoin's stable, passive accumulation strategy and macro-hedge appeal. - Regulatory clarity on stablecoins and blockchain transparency could deepen Bitcoin's institutional adoption while highlighting risks in altcoins like Aero

Stargate’s AI Strategy: Safeguarding the Nation or Raising Antitrust Concerns?
- Stargate, a $500B AI joint venture led by OpenAI, Oracle , and Nvidia , aims to consolidate computing power across seven gigawatt data centers in the U.S. and UAE. - Yale scholar Madhavi Singh warns the alliance violates antitrust laws by merging fierce competitors, risking cartel-like behavior and stifling innovation in chips and cloud services. - Critics argue Stargate eliminates competition in key AI sectors, while the Trump administration and lawmakers praise it as a strategic move to counter China,
