Ethereum News Today: Ethereum Surpasses Bitcoin Ratio Threshold as ETF Inflows Hit $1 Billion in Single Day

Ethereum surged past a key threshold against Bitcoin on Monday, triggering renewed discussions about the potential launch of a new bull cycle. During the session, the digital asset climbed to $4,780—the highest level since late 2021, signaling increased market confidence and capital reallocation into ETH. Traders and institutional investors are observing several on-chain and market indicators that align with a bullish narrative for Ethereum [1].

According to data from CryptoQuant, the ETH/BTC price ratio has crossed above its 365-day moving average. This technical milestone is historically associated with stronger performance for Ethereum relative to Bitcoin, often preceding extended bullish cycles [1]. The move has attracted the attention of momentum traders and funds that rely on technical signals to guide their strategies.

Institutional demand is also evident from the recent inflows into Ethereum-based ETFs. US spot Ethereum ETFs recorded approximately $1 billion in inflows in a single trading day, with BlackRock’s ETHA receiving $640 million and Fidelity’s FETH adding $277 million. Cumulative inflows for the cycle now approach $11 billion, underscoring the shift in capital from untracked crypto markets into regulated and transparent investment vehicles [1].

Both spot and futures markets show a growing bias in favor of Ethereum. Ethereum derivatives open interest is rising at a faster pace than Bitcoin’s, and perpetual futures positioning has increased. On the spot side, Ethereum’s trading activity, as measured by the ETH/BTC volume ratio, hit 1.66 last week—the highest since June 2017. Over the past four weeks, Ethereum’s spot volume reached about $24 billion, compared to $14 billion for Bitcoin [1].

Despite the strong momentum, some on-chain signals have raised caution. Daily inflows of Ethereum into exchanges have risen and now exceed those of Bitcoin, indicating that some holders may be preparing to sell at higher prices. Historically, increased exchange inflows near key resistance levels have often preceded short-term pullbacks. Analysts are monitoring these flows closely as potential early signs of profit-taking or consolidation [1].

The ETH/BTC ratio is gaining extra attention as it serves as a proxy for the relative strength between the two largest cryptocurrencies. Breaking above long-term moving averages like the 365-day line can trigger momentum-based trading strategies and attract algorithmic capital. However, past breakouts have sometimes reversed quickly, prompting traders to balance bullish positions with risk management techniques such as stop-loss orders [1].

The coming days will be critical in determining whether the bullish momentum can be sustained. If ETF inflows continue at a high rate and open interest remains strong, Ethereum could maintain its upward trajectory. Conversely, a significant acceleration in exchange inflows or a cooling in ETF demand could lead to a stall in price action.

Overall, Ethereum’s recent performance reflects a broader shift in market sentiment and capital flows, with investors increasingly favoring the second-largest cryptocurrency over Bitcoin. The unfolding dynamics suggest that Ethereum may be entering a new phase of its market cycle, with technical indicators, institutional flows, and market positioning all reinforcing a bullish outlook.