Notably, Bitcoin remains the largest single asset among crypto investors. The Ether-to-Bitcoin holding ratio has decreased significantly, plummeting to a 2025 low of 0.15 before stabilizing at around 0.27, indicating that investors are holding substantially more Bitcoin than Ether.
Historically, Bitcoin has outperformed various assets, creating appeal as a portfolio diversifier. Since June, the number of corporations holding Bitcoin has nearly doubled, rising to over 244 companies now maintaining Bitcoin on their balance sheets, representing a total of 3.45 million Bitcoins across these treasuries. As institutional adoption grows, some analysts, like Joe Burnett from Unchained, predict that Bitcoin could rival gold's $22 trillion market cap, potentially reaching values as high as $1.8 million by 2035.
Despite this institutional interest, retail Bitcoin holdings have seen a sharp decline of 37%, dropping to just 11.6% of investor portfolios. This drop is likely due to retail traders reallocating their investments towards altcoins, particularly XRP, which has gained traction amid expectations for a possible ETF approval. In contrast, Solana's portfolio presence has decreased from 2.72% in late 2024 to about 1.76% in May 2025.