Bybit Q3 2025 Asset Allocation Report: Stable Coin Positions Decline, Funds Flow to SOL, XRP and other altcoins

According to BlockBeats, on September 17, Bybit's latest "2025 Third Quarter Asset Allocation Report" showed that investors significantly reduced their stablecoin holdings in Q3, and funds flowed to Solana (SOL), XRP and other altcoins. BTC and ETH are still at the core of the portfolio, but institutional investors are leading the market, relocating some stablecoins to crypto assets with higher returns potential. Key points of the report: • The concentration of BTC and ETH in non-stable currency assets dropped from 58.8% to 55.7%. • SOL holdings hit annual highs, and XRP has become the third largest non-stable coin asset. • DEX tokens, Layer 1/Layer 2 and RWA tokens have become the main beneficiaries of stablecoin capital outflows. • The altcoins are driven by institutional funds and perform well, the meme coins are dull, and the gold tokens are still niche. Bybit's research team pointed out that the Q3 trend shows that investors are cutting their cash positions and seeking high-yield opportunities, and the portfolio diversification trend is obvious.