XRP News Today: Bitcoin's Portfolio Share Surges 25% to 30.95% Among Investors

Bitcoin's share of investor portfolios has been on a steady rise, reaching nearly 31% as of the latest data. This increase comes despite significant market volatility earlier in the year, highlighting Bitcoin's status as a foundational asset in the crypto market. According to Bybit’s report, Bitcoin now constitutes 30.95% of investor holdings, up from 25.4% in November 2024, marking its highest concentration since the exchange began tracking this metric.

This shift in allocation is particularly notable among institutional investors, who now hold Bitcoin at nearly three times the concentration of retail investors. Institutions have allocated roughly 40% of their portfolios to Bitcoin, compared to retail investors' 11.64%. This divergence underscores Bitcoin's dual role as both a speculative asset for retail investors and a macro hedge for institutions. The resilience of Bitcoin is further emphasized when compared to Ethereum's underperformance, with investors holding $4 in Bitcoin for every $1 in Ethereum—a ratio that has remained largely unchanged since late 2024.

Meanwhile, Ripple (XRP) has seen a significant comeback, claiming the third-largest spot among non-stablecoin holdings. XRP's allocation has doubled from 1.29% to 2.42% since November 2024, driven by anticipation of regulatory clarity and the potential approval of a SEC-approved exchange-traded fund. This optimism has positioned XRP as a speculative proxy for upcoming institutional access, with a 90% probability of spot ETF approval priced in on Polymarket.

In contrast, Solana (SOL) has experienced a decline in its portfolio weight, with its allocation plummeting by 35% since last October. This shift reflects a capital rotation away from SOL and into XRP, as institutions front-run the SEC, wagering that Ripple's legal clarity offers a strategic edge over Solana's less defined regulatory standing. Beyond Bitcoin and XRP, capital is consolidating into a narrow set of major cryptocurrencies. 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%.