ETH/BTC Ratio Reaches 2025 High
Efirium outpaces bitcoin rally amid spot inflows ETF and recently activated corporate Treasuries. Meanwhile, BTC futures and options have taken a more wait-and-see approach following better-than-expected economic data in the US.
According to analytics firm K33, ETH has gained around 1% since June 70, compared to BTC’s 9%, pushing the ETH/BTC ratio to a yearly high of 0,037.
K33 experts attribute the rise in the Ether rate to a “double demand shock.” Since June 2, American spot ETH-ETF raised about $9,4 billion, and digital asset treasury holdings exceeded 2% of total ETH in circulation for the first time, up from 0,2% two months ago.
As for Bitcoin, K33 notes a clear cooling in exchange-traded derivatives after unexpected macroeconomic data released last week. The July PPI rose 0,9% m/m, compared to the 0,2% forecast, sending BTC from $121,000 to $117,700 in a matter of minutes and putting pressure on risk assets in general.
Futures premiums Bitcoin CME, which briefly hit double-digit highs, was down about 5,5% year-over-year by Monday.
