Institutional Investors Shift from Bitcoin to Ethereum Amid ETF Flows

Bitcoin's price remains stable above $100,000, consolidating near its all-time high. Ethereum is gaining traction as institutional investors diversify. Ethereum ETFs have seen continuous inflows for over two weeks, while Bitcoin ETFs experienced outflows in three consecutive days. BlackRock and Fidelity recently purchased $78.2 million worth of Ethereum. This indicates growing institutional interest in Ethereum as a portfolio complement to Bitcoin. Solaxy ($SOLX), a Layer-2 solution for Solana, has attracted over $43.5 million in investments during its presale.