Zhu Su: The flow of funds in Bitcoin has changed in the ETF era, and altcoins need substantial catalysts to drive them

ChainCatcher news, Three Arrows Capital founder ZhuSu posted on social media, "The current market cycle has significant differences from 2020-2021: the Bitcoin funds flowing into ETFs and investment tools like MicroStrategy will not rotate into Ethereum, let alone other tokens. Unlike the previous market environment where Bitcoin, Ethereum, Solana, and other coins frequently rotated, other coins currently need substantial catalysts to drive movement.

Without major events like Michael Saylor switching to other coins, simply claiming superiority over Bitcoin is no longer enough to attract Bitcoin holders to shift their investments. Existing holders must have faith in the project, and the underlying protocol must be able to perform its intended function."