In 2025, institutional capital withdraws from Bitcoin, with net inflows decreasing by 31% to $26.98 billion, while other cryptocurrencies experience a surge. Ethereum, Ripple, and Solana each recorded capital inflows of $12.69 billion, $3.69 billion, and $3.65 billion, respectively, with growth rates of 137%, 1066%, and 500%. Despite the stagnation in decentralized finance (DeFi) growth, with total value locked increasing only 1.73% to $117 billion, this shift still occurs, indicating that the move is driven by expectations of ETF approvals rather than fundamental utility.