Update
Institutional Funds Exit Bitcoin for XRP and Zcash
Institutional funds have shifted from U.S. spot Bitcoin ETFs to XRP and Zcash amid a profit-taking in Bitcoin. The total capitalization of the crypto market is $2.75 trillion with a daily trading volume of $108.21 billion. The outflow from U.S. spot Bitcoin ETFs amounts to $634.99 million, with XRP and Zcash benefiting from the rotation of capital into utility blockchain platforms and privacy coins.