ETF Flows Still Show a Clear Hierarchy Bitcoin took in $730.8M, versus $141.4M for ETH. SOL and XRP were positive too, but only around $6M each. That gap is worth watching. BTC has the deepest liquidity, the largest ETF market and is generally easier for traditional portfolios to position as a macro asset. ETH has meaningful institutional demand too, but its investment case is more complex, while SOL and XRP ETFs are still much smaller and less established. But concentration cuts both ways. Heavy BTC inflows show where institutional conviction is strongest today, not necessarily where the next rotation will happen. If flows into ETH, SOL and XRP start accelerating while BTC remains positive, that would be a more interesting signal that institutional risk appetite is broadening beyond Bitcoin.