2025-06-09 07:39:38

BTC/ETH Parity and Ethereum's Weakness

BTC/ETH parity is an important metric that shows Bitcoin's value against Ethereum. In recent months, this parity has been in favor of Bitcoin; that is, Ethereum has performed weaker compared to Bitcoin.

So why?
* The Impact of Spot Bitcoin ETFs: Spot Bitcoin ETFs, approved in January, attracted a large portion of institutional capital directly to Bitcoin. This increased Bitcoin's market dominance, while putting pressure on altcoins and therefore Ethereum. There was also an expectation of a spot ETF for Ethereum, but these approvals came later.
* Decrease in Network Activity and Competition: Some on-chain activity data on the Ethereum network has decreased. In addition, the rise of other layer 1 blockchains and layer 2 solutions such as Solana has partially dispersed the interest in Ethereum and increased competition by offering lower fees and better scalability.
* Institutional Accumulation Differences: Bitcoin's "digital gold" narrative and institutional investors' increasing concentration in Bitcoin have relatively reduced ETH's appeal in this process.

In summary, Bitcoin's strong support from ETFs, competition from other networks, and Ethereum's own dynamics have caused the BTC/ETH parity to trend in favor of Bitcoin in recent months.
Time will tell whether this situation will change with the approval of spot Ethereum ETFs.

BTC2,96%

ETH3,48%

WHY-12,31%

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GateUser-8a166066

· 2025-06-10 07:38

I stopped by saying I hope there is such a thing, and this is already about the feather structure, shaping, and padding.

Reply1

SCHILLACCHI

· 2025-06-10 07:04

I stopped by saying I hope there is such a thing, and this is already about the feather structure, shaping, and padding.

View OriginalReply1

FengBaobao

· 2025-06-10 06:32

Ethereum Spot ETF has seen an inflow of $815 million over the past 20 days Bernstein pointed out in a report that the inflow of funds into the Ether ETF reached $815 million in the past 20 days, turning the net inflow for the year to date into positive territory, reaching $658 million. In this regard, Bernstein emphasized that as institutional investors gradually recognize the value proposition of the Ethereum network, the trend of funds flowing into the Ether ETF is accelerating. The analyst team led by Gautam Chhugani noted in the report: Companies using stablecoin technology are paying transaction fees on the Ethereum Blockchain. Interesting blockchain use cases such as stablecoins and tokenization are native features of Ethereum, and Ethereum enjoys 'the largest market share' in these areas. The discussion about the accumulation of Ethereum's value is at a critical turning point, which has begun to be reflected in investors' strong interest in the Ether ETF.

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Baba1965

· 2025-06-10 06:22

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· 2025-06-10 06:10

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Faibee

· 2025-06-10 05:17

I stopped and said that I hope such things really exist, and that it has fallen to the level it should be, thus this kind of personal development.

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GateUser-ef2f57ed

· 2025-06-10 05:13

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GateUser-c2564bb9

· 2025-06-10 04:48

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GateUser-cdf65c10

· 2025-06-10 04:39

it's super easy to get some points for trade

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· 2025-06-10 04:20

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