$ETH /$BTC Exchange Rate Rises, Indicating Strong Demand for Ethereum!!!!
According to Odaily, the #ETH /#BTC exchange rate has seen a significant increase, rising by 30% over the past month.
This trend suggests a stronger demand for Ethereum, with analysts indicating that the ETH/BTC rate breaking through a cup-and-handle pattern could signal the start of a new 'altcoin season.'
In parallel, the U.S. spot Ethereum #ETFs has recorded net inflows for 12 consecutive days, highlighting growing institutional interest in ETH.
In contrast, the spot #Bitcoin ETF experienced three consecutive days of outflows from May 29 to June 2, totaling $1.23 billion.