Data shows: Ethereum ETF investors have recently outperformed Bitcoin ETF investors
As institutional interest in Ethereum grows, the price of Ethereum has risen, and ETF inflows have surged, leading to Ethereum investors beginning to outperform Bitcoin holders.
In the past month or so, Ethereum's performance has clearly surpassed that of Bitcoin, with BTC rising 47% this month, while Bitcoin only increased by 10.7%. Meanwhile, the gap between the inflows of Ethereum and Bitcoin ETFs is narrowing, dropping from 45 times to just 3.2 times in the past four months.
CryptoQuant's research director Julio Moreno points out that since April, the holdings of Ethereum and Bitcoin ETFs, as well as the spot trading volume ratio, have shown rapid growth, with U.S. Ethereum ETF purchases outperforming Bitcoin. Amber Group's head of liquidity trading Delroy Fong states that growing institutional interest, especially in digital asset portfolios, is the main driver of Ethereum's growth.
Sean Dawson, research director of the on-chain options platform Derive, emphasizes that the current market's short-term focus is on Ethereum. He notes that the Ethereum fund management strategy similar to Strategy adopted by Bitmine co-founder Tom Lee, along with other companies increasing their holdings in Ethereum, are key factors driving its recent outstanding performance.
Fong agrees and adds that capital flows from events such as the merger of Dynamix Corporation and The Ether Machine, along with SBET trading, are attracting the attention of large enterprises. These capital flows not only enhance market interest in Ethereum but also reflect the growing focus of institutional investors on the cryptocurrency space.
Dawson even directly states that the GENIUS Act signed by Trump and the aforementioned developments have significantly increased regulatory transparency and created a positive impact for Ethereum, signaling that it will enter a shining period. Finally, he concludes that it is very likely that Ethereum's price will exceed $8,000 before Christmas.
Finally, analysts expect that driven by favorable factors such as institutional adoption, regulatory clarity, and broader macroeconomic conditions, the expectation of Ethereum soaring above $8,000 during this period is reasonable.
