BTC and XRP on the Rise, SOL Takes a Hit: Inside the Crypto Portfolio Shuffle

Bitcoin's dominance in investor portfolios is skyrocketing, hitting nearly 31% despite wild market swings. Meanwhile, XRP is making a comeback, fueled by ETF buzz, while Solana's hype has fizzled out, dragging its wallet share down with it.

Bybit's latest scoop on crypto holders' asset splits shows Bitcoin (BTC) now makes up a whopping 30.95% of portfolios, up from 25.4% back in November 2024. That's the highest it's been since Bybit started keeping tabs on this metric.

BTC's surge is wild, especially with all the price chaos earlier this year. It just goes to show how Bitcoin is the rock of the market. On the flip side, Ripple (XRP) has sneaked into the third spot among non-stablecoin holdings, stealing the show from Solana (SOL) as traders get ready for a possible SEC-approved ETF.

SOL, once the star of the altcoin show, has seen its share nosedive by 35% since last October.

Behind the shift: what's driving the allocation toward BTC and XRP?

The jump in BTC's share is no accident. It's a clear move, especially from big money players, toward what they see as a safe bet. Bybit's report spills the beans: institutions are packing their portfolios with nearly 3x more Bitcoin than retail investors, with BTC making up about 40% of their stash compared to retail's 11.64%.

This split shows how Bitcoin is pulling double duty: a wild ride for retail and a safe haven for the big shots. And it's even more impressive when you see Ethereum struggling. Even with ETH's May comeback, investors are still betting $4 on BTC for every $1 on ETH—a ratio that's barely budged since late 2024.

XRP's comeback story is less about chasing trends and more about getting ready for what's next. XRP's share has doubled from 1.29% to 2.42% since November 2024, with both retail and institutional players betting on clearer rules.

Bybit's May 2025 report puts XRP in the third spot among non-stablecoin holdings, leaving Solana in the dust. With a 90% chance of a spot ETF getting the green light, XRP is becoming the go-to bet for upcoming big money moves.

The cash moving from SOL to XRP is all about this shift. The big players are getting ahead of the SEC, betting that Ripple's legal wins give them an edge over Solana's murkier regulatory waters.

But it's not just BTC and XRP. Money's pouring into a tight group of top dogs. Ethereum, while still behind its November high of 11.12%, saw its share more than double in May from an April low of 3.89%.