- BTC ETFs can dominate 85% of market share when Altcoin ETFs go live.
- Benjamin Cowen expects BTC -dominance to rise to 66%.
Bitcoin [BTC] Would retain a huge market share at institutions, despite the potential of Altcoin ETFs (listed funds).
According to Bloomberg analyst Eric Balchunas, the Altcoins would be a ‘small dent’. He stated”
“Bitcoin ETFs recommend 90% of all crypto fund worldwide worldwide. Although a ton of alt/memecoin ETFs are likely to be on the market this year, they will only make small dent, Bitcoin will probably retain at least 80-85% shares in the long term.”
Source: Bloomberg
According to the attached graph, the general BTC ETFs have $ 110 billion in assets under management (AUM), while ETH products have mastered $ 7 billion (5% of market share) from April 2025.
BTC Dominance SOars
The current ETF share reflects somewhat the current spot market size of the upper assets. ETH market share has fallen to 7% of 19% peak levels in 2024. On the contrary, BTC -Dominance rose to 64.5% of 50% (including the market capitalization of Stablecoin).
Analyst Benjamin Cowen actually repeated the projection of Balchunas. He stated That BTC could expand its outperformance against altcoins and hit 66%.
“I think Alt/BTC pairs will continue to bleed here, just as they did last year when the FED announced that they would delay quantitative tightening (QT). BTC Dominance to 66%.”
Source: X
That said, the American place BTC ETFs recorded persistent sale in 2025. Under tariff uncertainty, more than $ 4 billion was withdrawn from the products between February and April.
Source: SOSO value
On April 21, however, the products registered $ 381 million in daily inflow, the highest since February. The renewed interest in BTC followed a sale of the US dollar and flight to gold and the digital active as ‘safe ports’. The total net assets was $ 97 billion.
In the meantime, at the time of writing, BTC exchanged hands at $ 88.4k.
The next step would clean up the 200-day advancing average (MA) for $ 88.3k and the previous range layer for $ 92k to maintain the recovery.
Source: BTC/USDT, TradingView