According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance against Bitcoin, with ETH dominance rising to nearly 10% as BTC dominance fell 2-3 percentage points, serves as a leading indicator for capital flows into altcoins like DeFi and AI sectors. Tam noted that institutional inflows into spot ETH ETFs, exceeding $1.25 billion since mid-May, support this trend, with assets such as Pendle and Bittensor showing strong on-chain inflows. Amid geopolitical tensions from Israeli airstrikes on Iran, BTC dropped 4.7% to $103.3K and ETH fell to $2,694, though ETH remains up 40% over three months. Singapore's MAS has banned offshore crypto firms like Bitget and Bybit from operating without licenses starting June 30, a move potentially linked to past issues with Three Arrows Capital and Terraform Labs, which had minimal local presence despite Singapore domicile, as stated in MAS's June 6 update based on the 2022 Financial Services and Markets Act. Additionally, Quranium launched the QSafe quantum-safe wallet using NIST-approved algorithms to protect against future threats, supporting BTC, SOL, and EVM chains, as Dhiman from Quranium emphasized its proactive security design.

According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance against Bitcoin, with ETH dominance rising to nearly 10% while BTC dominance fell 2-3 percentage points, acts as a leading indicator for capital flows into altcoins like Pendle and Bittensor. This shift, supported by on-chain flows and spot ETH ETF inflows exceeding $1.25 billion since mid-May, suggests a foundation for sustained altcoin rallies. Concurrently, geopolitical tensions from Israeli airstrikes on Iranian nuclear facilities pressured crypto markets, with BTC down 4.7% to $103.3K and ETH dropping to $2,694. Singapore's Monetary Authority (MAS) confirmed that offshore crypto firms must be licensed by June 30, a move potentially influenced by past regulatory challenges with Three Arrows Capital and Terraform Labs, to eliminate regulatory arbitrage and tighten global oversight.

According to Milk Road (@MilkRoadDaily), Ethereum (ETH) may be overtaking Bitcoin (BTC) as the leading force in the cryptocurrency market, challenging the long-held belief that BTC leads the way (source: themilkroad.beehiiv.com). The analysis points to Ethereum's strong performance in DeFi, NFT ecosystem growth, and recent institutional interest as driving factors. Traders should monitor ETH/BTC trading pairs and associated altcoin momentum, as ETH's rising dominance could influence broader market sentiment and trading strategies, especially as capital rotations and liquidity flows shift toward Ethereum-based assets.

According to Crypto Rover, BTC dominance is experiencing a significant decline while ETH dominance is rising, signaling the textbook beginning of a massive Utility Season (source: Twitter @rovercrc, May 15, 2025). This shift in market share indicates increased trader interest in Ethereum and other utility-focused altcoins, which historically correlates with stronger performance in DeFi, NFT, and Layer 2 tokens. For crypto traders, monitoring these dominance metrics is essential for identifying early momentum shifts and sector rotations. Such changes can result in increased volatility and trading opportunities across altcoins, as liquidity flows out of Bitcoin and into high-utility assets.

According to Miles Deutscher, ETH dominance has rebounded precisely from its monthly support level, a technical pattern that historically precedes periods of strong altcoin performance (source: Twitter/@milesdeutscher, May 10, 2025). Traders should monitor this bounce closely, as previous rebounds from this support have often triggered significant capital rotation from Bitcoin into Ethereum and the broader altcoin market. This development, validated by on-chain and dominance data, provides a concrete signal for potential altcoin season acceleration, making it an actionable indicator for crypto investors seeking opportunities beyond BTC.