Bybit Report Reveals Bitcoin Dominates One-Third of Crypto Portfolios as XRP Emerges as Third-Largest Asset
BTC and ETH remained the "power couple" that dominated 58.8% of the total non-stablecoin investment in May, while XPR overtook SOL in third place. ETH's recovery story also stands out, with the asset rebounding from a low of 3.89% holdings in April 2025 to show substantial improvement by May, though it has not yet returned to its November 2024 peak of 11.12%.
Key Findings:
One-in-three crypto assets are now in BTC: As of May 2025, BTC accounts for 30.95% of total investor holdings, representing approximately one out of every three coins in portfolios — a notable increase from 25.4% in November 2024. The current ETH/BTC holding ratio stands at 0.27, meaning investors typically hold $4 in BTC for every $1 in ETH.
XRP rode on its ETF momentum: XRP has overtaken SOL to claim the third-largest position among non-stablecoin cryptocurrencies, with holdings doubling from 1.29% to 2.42% by May 2025. This surge is largely attributed to growing institutional and retail optimism surrounding potential SEC approval of XRP Spot ETFs.
Solana bulls in deep slumber: In contrast, despite its previous bullish momentum in Q3 2024, Solana holdings declined 35% from 2.72% in November 2024 to 1.76% in May 2025, reflecting a shift in investor sentiment and capital allocation.
The full Asset Allocation Report (1H 2025) is available for download on Bybit Learn.
#Bybit / #TheCryptoArk / #BybitLearn
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
3 hours ago
- Globe and Mail
Can COIN's Base App Power Web3 Growth and Revenue Diversification?
Coinbase Global Inc.'s COIN Base App, set to replace the existing Coinbase Wallet, represents a major milestone in the company's broader Web3 strategy. Natively built on Base—Coinbase's Ethereum Layer 2 network—the app provides users with a streamlined, user-friendly interface to access decentralized applications (dApps), conduct crypto transactions and engage in various on-chain activities. By simplifying the user experience and removing complex blockchain barriers, Base App aligns with Coinbase's mission to onboard the next billion users into the Web3 space. Notably, Coinbase becomes the first U.S.-based exchange to roll out a comprehensive super app that brings together key Web3 functionalities — wallet, DeFi, NFTs, and payments — within a single mobile platform. This move expands Coinbase's reach beyond its core trading business, allowing it to engage a wider consumer audience. The Base App serves as a key growth lever, deepening user participation in the on-chain ecosystem while opening up new monetization pathways. Importantly, the app enhances and diversifies Coinbase's revenue streams. As users tap into Web3 services, Coinbase stands to earn from token swaps, staking and other in-app offerings. Its integration with the Base network further allows the company to capture sequencer fees and benefit from rising on-chain activity. This strategic pivot reduces Coinbase's reliance on unpredictable trading volumes and fosters a more resilient, recurring revenue model centered on infrastructure usage and ecosystem expansion. What About COIN's Competitors? Robinhood Wallet drives Robinhood Markets ' HOOD expansion beyond traditional brokerage into self-custodial crypto, offering access to tokens, NFTs and future DeFi tools. By engaging crypto-native users, Robinhood diversifies its revenue streams. This positions Robinhood to capitalize on Web3 growth while reducing dependence on its core trading business. Block Inc.'s XYZ Bitcoin Wallet drives Block's growth by enabling self-custodial crypto access and empowering users with financial control. By simplifying Bitcoin storage and peer-to-peer transfers, it aligns with Block's mission of economic empowerment and reinforces its strategic position within the Bitcoin ecosystem and emerging Web3 landscape. COIN's Price Performance Shares of COIN have gained 69.1% year to date, outperforming the industry. Image Source: Zacks Investment Research COIN's Expensive Valuation COIN trades at a price-to-earnings value ratio of 75.03, above the industry average of 22.44. But it carries a Value Score of F. Estimates for COIN Witness Southward Movement The Zacks Consensus Estimate for COIN's second-quarter and third-quarter 2025 EPS has moved down 2 cents and 1 cent, respectively, over the past seven days. The same for full-year 2025 and 2026 EPS has decreased by 2 cents and 3 cents, respectively. The consensus estimate for COIN's 2025 and 2026 revenues indicates year-over-year increases. While the consensus estimate for COIN's 2025 EPS indicates a decline, the same for 2026 EPS suggests an increase. COIN stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. One Big Gain, Every Trading Day To help you take full advantage of this market, you're invited to access every stock recommendation in all our private portfolios - for just $1. Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That's about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%. Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coinbase Global, Inc. (COIN): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report Block, Inc. (XYZ): Free Stock Analysis Report
Toronto Star
2 days ago
- Toronto Star
XRP Whales Shift Funds Into VNBTC Cloud Mining Platform For Stable Passive Income
LONDON, July 19, 2025 (GLOBE NEWSWIRE) — Over the past two weeks, something unusual has been happening beneath the surface of the crypto markets: large XRP holders – often referred to as 'whales' – have started moving vast amounts of their tokens into the cloud mining platform. According to internal data from VNBTC, the platform has seen a sharp rise in XRP funding activity. It isn't just a handful of users either. Several high-volume wallets have shifted their XRP into VNBTC's system, suggesting a calculated pivot toward passive yield strategies.
Globe and Mail
3 days ago
- Globe and Mail
iTrustCapital's Premium Custody Account: A More Secure Way to Buy, Sell and Hold Cryptocurrency
DETROIT, MICHIGAN - July 18, 2025 (NEWMEDIAWIRE) - iTrustCapital makes buying and holding cryptocurrency more secure with its closed-loop approach. Buying and selling cryptocurrency doesn't have to be a risky endeavor. By now, most people have heard tales of cryptocurrency exchanges that have been hacked, leaving their customers penniless, or crypto investors who lost their private key and could never access their crypto wallet or their digital tokens again. And let's not forget the phishing and malware scams that have wiped out account after account or brought down high-profile exchanges. Even centralized exchanges pose risks to their customers. One only has to look at Bybit for a reminder. The cryptocurrency platform experienced a security breach in February, which resulted in the theft of about $1.5 billion worth of Ethereum, the largest cryptocurrency theft ever recorded. Crypto exchanges have long been vulnerable to data breaches and hacks for several reasons. For starters, they are anonymous networks, without a middle person regulating transactions. Plus, many platforms to buy and sell crypto don't have adequate security practices in place. Add the fact that there are high-value assets stored on these platforms, and you can see why hackers are busy trying to exploit them and their clients. But it doesn't have to be that way. There are safer and more secure ways to buy, sell and hold cryptocurrencies, from Bitcoin and XRP to Solana and Ethereum. iTrustCapital's Premium Custody Account (PCA) is one of them. Launched in March 2025, these 'closed-loop' crypto accounts are designed to address the security concerns that have plagued the cryptocurrency sector for years. A Closed-Loop Approach iTrustCapital has created what it says is a secure way to buy, sell and hold crypto through a closed-loop system. Clients can fund their PCA account with U.S. dollars and with in-kind deposits of crypto assets. However, here's where the magic happens. It is impossible for crypto to be transferred out of a Premium Custody Account. Clients can only withdraw funds in U.S. dollars, and the funds can only be transferred to their U.S. bank account. By design, there is no connection to an external wallet, so a client's account cannot be drained by nefarious bad actors who may gain access. Digital assets are stored one-to-one and off of iTrustCapital's balance sheet with top-tier U.S.-based custodians, including Coinbase Institutional Custody and Fireblocks, reducing the likelihood of the holdings being wiped out. Assets are never leveraged, loaned out or commingled with business operations. This ensures that clients retain full ownership of their assets at all times. iTrustCapital believes that by making a closed-loop system, it is providing a secure and effective solution. "As the crypto space evolves, so do the risks," said Kevin Maloney, CEO at iTrustCapital when announcing the Premium Custody Accounts. "Whether it's the potential risks of exchanges or concerns about the safety of self-custody, we wanted to create a solution that helps reduce risk and alleviates these valid concerns for our clients." Interested in buying and selling crypto without all the risk, click here. Crypto withdrawals aren't allowed, which iTrustCapital says reduces the risk of an account getting hacked and digital assets being sent to an external crypto wallet. Through Premium Custody Accounts, investors have 24/7 access to more than 75 crypto assets. PCA accounts are taxable and are separate from the company's IRAs. You only need $1,000 to open an account and there are no monthly or annual fees. iTrustCapital charges a 1% transaction fee when you buy and sell cryptocurrency. Real People When You Need Help Equally important is the award-winning support iTrustCapital offers. Instead of relying on chatbots, social media, Discord or automated responses, iTrustCapital clients receive U.S.-based live support for account setup, funding and general inquiries. iTrustCapital says it connects clients directly with knowledgeable support specialists to assist with their needs. Beyond live support, the company has a plethora of information and tutorials on its website for every stage of your journey, whether you are just starting out or a long-term customer. With iTrustCapital, you are never alone. That's particularly important when it comes to investing in the world of cryptocurrency. From Bitcoin and XRP to Solana and Ethereum, cryptocurrency is going mainstream with all sorts of investors interested in adding exposure to their portfolio. But security is a big issue with countless exchanges and individuals falling victim to data breaches, scams, hacks and phishing attacks. iTrustCapital wants to change that and is betting its closed-loop approach is the answer. To learn more about iTrustCapital and its Premium Custody Account, click here. Featured image from Shutterstock. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.
