Ethereum Surpasses Bitcoin with Three-Month High ETH/BTC Cross-Rate
The Ethereum (ETH) price has outperformed Bitcoin (BTC) for three months, according to recent market data. The ETH/BTC cross-rate hit a three-month high of 0.030, marking an important shift in capital allocation within the cryptocurrency market.
This trend reversal is not without precedent. For several months, alternative layer-1 assets experienced relative stagnation while Bitcoin consolidated its market share.
The key driver behind this change is a notable shift in U.S. regulated spot product flows. Spot Ethereum ETFs have seen consistent inflows, outpacing Bitcoin products by a factor of three to one for the week.