Investors Rotate from Bitcoin to Ethereum and Altcoins: CryptoQuant Report

2025-07-23 18:15:04

Main Idea

Investors are shifting from Bitcoin to Ethereum and altcoins, as evidenced by Ethereum's higher spot trading volume and price performance, along with increased ETF demand and broader altcoin market momentum.

Key Points

1. Ethereum's weekly spot trading volume surpassed Bitcoin's for the first time since June 2024, with ETH at $25.7 billion vs. BTC's $24.4 billion.

2. Ethereum has outperformed Bitcoin by 72% since April, with its ETH/BTC ratio rising from 0.018 to 0.031.

3. The ETH/BTC ETF Holding Ratio more than doubled from 0.05 to 0.12, indicating increased capital allocation to Ethereum.

4. The broader altcoin market saw renewed momentum, with spot trading volume reaching $67 billion on July 17, the highest since March.

5. Fewer ETH tokens are being transferred to exchanges compared to Bitcoin, suggesting confidence in Ethereum's price stability.

Description

Recent market dynamics suggest investors may be shifting their focus from Bitcoin to Ethereum and broader exposure of altcoins, according to the latest CryptoQuant report. First time in over a year: ETH spot volume > BTC Last week, ETH spot trading hit $25.7B vs. BTC’s $24.4B, pushing the ETH/BTC spot volume ratio above 1 for the first time since June 2024. Investors are rotating to ETH and Altcoins. pic.twitter.com/X7mBFVCg5Y — CryptoQuant.com (@cryptoquant_com) July 23, 2025 Ethereum has outpe...

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