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.
You may also like
Institutions Adopt Regulated Digital Assets as Wyden-Laser Network Broadens Accessibility
- Wyden integrates Laser Digital into its global liquidity network, expanding institutional access to regulated crypto markets via Dubai's VARA-licensed infrastructure. - The partnership enables banks and brokers to leverage Laser's deep liquidity pools and credit risk solutions, enhancing trade execution and price discovery. - Growing institutional adoption is evident as Citi partners with Coinbase for stablecoin payments and crypto ETFs hold $175B in assets, reflecting market maturation. - Regulatory fra

Cardano News Update: ADA Faces Crucial $0.63 Threshold—Bulls Eye $1.70 While Bears Remain Watchful
- Cardano (ADA) tests $0.63 support, with analysts predicting a potential rebound to $0.85 and $1.70 if held. - Institutional accumulation and x402 payment integration signal growing confidence in ADA's long-term utility and infrastructure goals. - A breakdown below $0.63 risks a decline to $0.50, while declining trading volume and cautious positioning highlight volatility risks ahead of a potential breakout.

Trump's reductions to FEMA funding prompt MacKenzie Scott to contribute $60 million to address shortfalls in disaster recovery efforts
- MacKenzie Scott donates $60M to CDP to address Trump-era FEMA cuts and disaster recovery gaps. - The unrestricted gift supports long-term community rebuilding and CDP's hurricane relief programs amid federal funding uncertainty. - Trump's proposed cuts to disaster resilience programs and delayed FEMA reimbursements strain local preparedness capabilities. - Scott's $19B+ in post-2019 donations prioritize racial equity and operational flexibility for nonprofits.

Trump's Pressure for Lower Rates Puts Fed's Autonomy to the Test
- The Fed plans a 25-basis-point rate cut to 3.75–4.00%, addressing persistent inflation and labor market strains amid delayed economic data from the government shutdown. - Analysts highlight shifting Fed priorities toward weakening employment trends, while Trump pressures for faster cuts to offset tariffs and vetted five potential Powell successors. - Major banks like Goldman Sachs and JPMorgan face mixed outlooks, with rising M&A fees contrasting concerns over sustaining growth amid geopolitical and tari
