BlackRock reports institutions are concentrating holdings on Bitcoin and Ethereum, showing little appetite for newer altcoins amid fierce token turnover.
Wall Street institutions are accumulating Bitcoin while altcoins like XRP, Ether, and Solana experience continued capital outflows for three consecutive days.
Solana and other altcoins see continued capital outflows while institutional investors focus on Bitcoin accumulation, highlighting shifting market dynamics.
Solana-based meme coins BONK and Fartcoin post significant gains amid broader cryptocurrency market rally, highlighting investor interest in alternative tokens.