XRP ETF rejected → liquidity might rotate back to BTC?

So I’ve been watching the XRP chart lately and something felt off.

It gave up all of its July gains, just like that. Back to July 8 levels. On the 4H, it tapped the 100 SMA and stalled hard. At first, I thought it was just a typical retrace… until I saw this:

???? The SEC rejected Bitwise’s “10 ex-BTC/ETH” altcoin ETF and XRP was reportedly the main reason for the rejection.

That kind of killed the altcoin ETF momentum before it even started. And if that rejection holds weight, it could send a broader signal to institutions: stick with BTC, for now.

It made me think , what happens when ETF-driven liquidity is denied access to alts like XRP?

Well, it has to go somewhere. And the safest, most "institutionally correct" place? Bitcoin.

I’m not saying XRP is dead far from it. I actually think it’ll have its moment eventually. But when ETF doors are slammed shut, market narratives adjust.

That’s why I wouldn’t be surprised if we see:

• More rotations from alts back to BTC

• BTC dominance ticking back up

• Choppy price action on majors like XRP to trap both sides

If you look at ETF flows right now, BTC is eating up the attention. And this rejection might’ve just added more fuel to that.

Not financial advice obviously, but I’m keeping a closer eye on BTC now. Feels like it’s quietly preparing to take the lead again while everyone else is distracted. Or rather, other altcoins like BGB, BNB, or SOL will likely draw more attention , with Solana potentially being on the ETF shortlist.

Curious if anyone else is seeing the same pattern?