Ethereum’s ETH/BTC trading pair has surged over 50% since April 2025, breaking a multimonth bull flag pattern and decisively surpassing its 200-day exponential moving average (EMA). This technical breakout signals strengthening momentum for Ethereum relative to Bitcoin.
Market analysts project the ETH/BTC ratio could rally toward 0.035 BTC, representing a potential increase of approximately 30% from current levels and suggesting this momentum could persist, potentially accelerating through late summer or early fall.
Supporting this bullish case are substantial institutional inflows. Ethereum investment products have recorded their 12th consecutive week of inflows, totaling nearly $1 billion. These significant inflows currently represent 19.5% of the cryptocurrency’s assets under management (AuM) within tracked investment products.
Corporate confidence adds another layer of fundamental strength. Companies like SharpLink, BitMine, and Bit Digital have collectively accumulated Ethereum holdings exceeding $5 billion, demonstrating strong institutional conviction.
Despite this impressive performance against Bitcoin, Ethereum’s year-to-date returns measured in US dollars remain slightly negative, hovering around -5.85%, indicating potential room for further growth overall.