Delphi Digital: Cryptocurrencies are no longer the only investment option, crypto concept stocks are siphoning capital away from altcoins.

According to Odaily, Delphi Digital posted on X stating that cryptocurrencies are no longer the only investment option. In this cycle, the market has shown localized excess returns brought by sector rotation, rather than a universal rise across all assets. Currently, $3.5 billion has flowed into the generative AI sector, with $2 billion entering robotics in a single quarter. Meanwhile, fields such as solar energy and bioengineering are also becoming commercially viable growth sectors. With every additional $1 of new liquidity, more investable assets are competing for capital. Within the crypto market, stocks have already exerted a "vampire attack" effect on the buying power that would have originally flowed into altcoins. Over the past two years, crypto stocks have outperformed most altcoins. Institutions are entering the market from various angles: ETF, RWA, stablecoins, trading platforms, and enterprise chain launches. Increased competition is further dispersing available capital. Future returns may resemble stock picking rather than simply buying the index.