Why is Crypto Market Down Today? Bitcoin, Ethereum, XRP News, Litecoin Price and More

Bitcoin spot ETFs continue to dominate institutional portfolios, holding a massive $165.57 billion in assets under management (AUM). BlackRock’s IBIT leads with $85.25B, followed by Fidelity’s FBTC at $36.84B and Grayscale’s GBTC at $21.44B. In comparison, Ethereum spot ETFs collectively hold $25.56 billion, highlighting a stark contrast in allocation. Institutions remain heavily skewed toward Bitcoin, maintaining a 6:1 ratio of BTC to ETH exposure. This trend hints at Bitcoin’s position as the preferred institutional asset, while Ethereum continues to play catch-up despite its growing ETF presence.