As Ethereum funds flow out, is Bitcoin ETF attracting institutional capital - is BTC regaining its image of "digital gold"?

By the end of 2025, institutional capital will shift from Ethereum to Bitcoin ETFs, which will usher in inflows of US$250.3 million, while Ethereum ETFs will lose US$912 million. Against the backdrop of the Federal Reserve's expectations of interest rate cuts and rising US debt, Bitcoin's attractiveness as a "digital gold" is growing, with spot ETFs holding 1.47 million Bitcoins. Ethereum faces challenges due to its inability to stake through ETFs, but its innovative narrative remains strong.