{"id":3858,"date":"2025-06-24T13:32:59","date_gmt":"2025-06-24T13:32:59","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-nears-31-of-portfolios-as-institutions-rotate-out-of-solana-bybit\/"},"modified":"2025-06-24T13:33:00","modified_gmt":"2025-06-24T13:33:00","slug":"bitcoin-nears-31-of-portfolios-as-institutions-rotate-out-of-solana-bybit","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-nears-31-of-portfolios-as-institutions-rotate-out-of-solana-bybit\/","title":{"rendered":"Bitcoin nears 31% of portfolios as institutions rotate out of Solana: Bybit"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin\u2019s share of investor holdings has steadily climbed through months of volatility, now nearing 31%. XRP is riding ETF optimism to a portfolio comeback, while Solana\u2019s narrative has cooled, and so has its weight in user wallets.<\/p>\n<p>According to Bybit\u2019s latest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/learn.bybit.com\/en\/crypto-insight\/bitcoin-forms-one-third-of-investors-portfolios-xrp-rises-to-third-largest-coin\" target=\"_blank\">report<\/a> on crypto holders\u2019 asset allocation, Bitcoin (BTC) now accounts for 30.95% of investor portfolios, up from 25.4% in November 2024 and marking its highest concentration since the exchange began tracking the metric.<\/p>\n<p>The surge comes despite turbulent price action earlier this year, underscoring Bitcoin\u2019s role as the market\u2019s bedrock asset. Meanwhile, Ripple (XRP) has quietly claimed the third-largest spot among non-stablecoin holdings, overtaking Solana (SOL) as market participants position for a potential SEC-approved exchange-traded fund.<\/p>\n<p>SOL, once a darling of the altcoin rally, has seen its allocation plummet by 35% since last October.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Behind the shift: what\u2019s driving the allocation toward BTC and XRP?<\/strong><\/h2>\n<p>The jump in BTC allocation reflects a deliberate pivot, particularly from institutional desks\u2014toward perceived resilience. Bybit\u2019s report shows institutions now hold Bitcoin at nearly 3x the concentration of retail investors, with BTC making up roughly 40% of their portfolios compared to retail\u2019s 11.64%.<\/p>\n<p>This divergence highlights Bitcoin\u2019s dual role: a speculative asset for retail investors and a macro hedge for institutions. The resilience is even more notable when paired with Ethereum\u2019s underperformance. Despite ETH\u2019s May rebound, investors still hold $4 in BTC for every $1 in ETH\u2014a ratio that has remained largely unchanged since late 2024.<\/p>\n<p>XRP\u2019s rise appears less driven by momentum trading and more by positioning. XRP holdings doubled from 1.29% to 2.42% since November 2024, as both retail and institutional investors anticipate regulatory clarity.<\/p>\n<p>Bybit flags XRP as the third-largest non-stablecoin holding as of May 2025, surpassing Solana, whose allocation collapsed during the same period. With a 90% probability of spot ETF approval priced in on Polymarket, XRP has become a speculative proxy for upcoming institutional access.<\/p>\n<p>The capital rotation away from SOL and into XRP reflects this dynamic. Institutions appear to be front-running the SEC, wagering that Ripple\u2019s legal clarity offers a strategic edge over Solana\u2019s less defined regulatory standing.<\/p>\n<p>Beyond Bitcoin and XRP, capital is consolidating into a narrow set of majors. Ethereum, while still trailing its November peak of 11.12%, saw its allocation more than double in May from an April low of 3.89%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s share of investor holdings has steadily climbed through months of volatility, now nearing 31%. XRP is riding ETF optimism to a portfolio comeback, while Solana\u2019s narrative has cooled, and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3858"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3858\/revisions"}],"predecessor-version":[{"id":3859,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3858\/revisions\/3859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2787"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}