BTC at all-time highs, so where’s the new money going? With $2.7B into BTC and $1B into ETH, SOL, and others, capital is rotating, but selectively. ETH’s inflows reflect realized ETF inflows (e.g., $703M this week) and L2 fundamentals, while SOL’s narrative rides throughput utility. BTC dominance at 63% with oversold altcoin RSI suggests rotation risk is building. If macro liquidity persists, expect capital to seep down the risk curve; favoring scalable, narrative-rich assets with efficient market structures.