Ethereum has demonstrated remarkable market performance with a 93% price surge since April, significantly surpassing Bitcoin’s 66% gain during the same period. This substantial growth divergence highlights shifting dynamics in the cryptocurrency landscape, with institutional investors appearing to redirect capital toward Ethereum.
A sharp uptick in Ethereum-focused exchange-traded fund (ETF) trading volumes emerged as the primary catalyst driving this outperformance. Notably, ETF activity surged starting mid-July, coinciding with Ethereum’s accelerated price appreciation. Analysis by CryptoQuant confirms this trend represents a meaningful rotation of institutional capital toward the second-largest cryptocurrency.
The data indicates that while Bitcoin ETF volumes have plateaued, Ethereum-focused products are experiencing accelerating demand. This pattern suggests large investors are strategically repositioning portfolios to capitalize on Ethereum’s growth potential. Market analysts emphasize that ETF trading volumes serve as a critical real-time indicator for tracking institutional sentiment toward Ethereum amid evolving market conditions.