Ethereum Updates Today: Bitcoin Withdrawals Ignite Altcoin Rally: ETFs and Advancements Transform the Battle for Dominance
- Bitcoin faces $946M outflows as Ethereum and BlockDAG gain traction, with ETH ETFs adding $14.49B in cumulative inflows. - BlockDAG's $433M presale and 1,400 TPS testnet performance highlight its hybrid blockchain model competing with Bitcoin's scalability limitations. - XRP sees 30% surge in futures open interest to $4.51B, fueled by speculative bets on potential ETF approvals and $100 price targets. - Market polarization continues as Ethereum stabilizes above $3,750 and BlockDAG attracts 312,000 holder
The cryptocurrency landscape is undergoing significant changes in both institutional and retail attitudes, as
Bitcoin’s market share has diminished as major players reduce their holdings. CoinShares noted $513 million in net outflows from crypto ETPs for the week ending October 20, 2025, according to
Ethereum’s recovery is also being fueled by ETF activity. On October 28, U.S.-listed spot ETH ETFs brought in $134 million, raising total net inflows to $14.49 billion and net assets to $28.35 billion, as reported by
Ripple’s XRP has experienced volatility, declining 1.23% to $2.42, but has caught the eye of speculative retail investors. Open interest in XRP futures climbed to $4.51 billion, marking a 30% rise from late October lows and indicating renewed risk-taking. In
BlockDAG’s testnet has achieved 1,400 transactions per second (TPS), with plans to scale up to 15,000 TPS at launch, according to
However, BlockDAG is not without rivals. Projects like EcoYield (EYE) are focusing on real-world applications, utilizing AI infrastructure and renewable energy. EcoYield’s pilot in Leeds, which uses 8 NVIDIA H100 GPUs and a 150 kW solar array, provides transparent cash flows and an estimated 20–30% APY, offering a contrast to BlockDAG’s focus on transaction throughput, according to
The overall market is becoming increasingly divided. While
Nonetheless, obstacles persist. Regulatory ambiguity, especially regarding U.S. spot ETF approvals for XRP, and broader economic challenges could slow progress. For now, attention is on execution—whether BlockDAG can meet its TPS targets and if Ethereum’s upgrades will continue to attract institutional investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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