$BTC As of May 13, 2025, the Ethereum-to-Bitcoin (ETH/BTC) ratio stands at approximately 0.024, marking its lowest point since January 2021. This indicates that one Bitcoin is currently worth about 41 times more than one Ethereum.

This significant decline in the ETH/BTC ratio reflects Ethereum's underperformance relative to Bitcoin. Several factors contribute to this trend:

Institutional Preference for Bitcoin: Bitcoin continues to attract substantial institutional investments, with notable entities like Strategy acquiring over 568,000 BTC for $39.4 billion .

Ethereum's Structural Challenges: Despite the recent Pectra upgrade aimed at enhancing transaction speed and cost efficiency, Ethereum faces issues such as high transaction fees and competition from faster blockchains like Solana and Avalanche .

Increased ETH Supply: A surge in Ethereum's circulating supply, with over 66,000 new ETH added in the past month, has exerted downward pressure on its price .