Crypto
Ethereum Surpasses Bitcoin in Institutional ETF Inflows Relative to Market Cap
Crypto market analyst Jamie Coutts says Ethereum has outpaced Bitcoin in U.S. spot ETF inflows when measured relative to market capitalization.
The observation challenges the common perception that Bitcoin remains the dominant draw for institutional capital in the digital asset space.
To compare the two, Coutts calculated daily net ETF inflows as a percentage of each asset's market capitalization. This provided a more direct measure of inflow intensity.
Over the past month, Ethereum's inflow intensity stood at 0.55%, roughly 2.4 times Bitcoin's 0.23%. The trend extends over longer periods: three-month figures show ETH at 0.41% while BTC was -0.12%, and six-month data reveals ETH at 0.38% versus BTC at -0.015%.