According to Eric Balchunas, Bitcoin ETFs currently control 90% of all crypto fund assets globally, a dominance expected to persist despite the anticipated influx of altcoin and meme coin ETFs this year. These new entrants are projected to have a minimal impact, with Bitcoin likely retaining an 80-85% market share in the long term. The data underscores Bitcoin's robust position in the crypto market, suggesting limited trading opportunities in alternative crypto ETFs for investors. [Source: @JSeyff]
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Bitcoin ETFs Dominate 90% of Crypto Fund Assets: Long-Term Market Outlook – Blockchain News
