Ethereum outpaces Bitcoin with $6B ETF inflow – Is the flippening back?

AMBCrypto beforehand reported that Ethereum has been displaying notable resilience in opposition to Bitcoin regardless of BTC’s sturdy early This autumn rally.

On the time, ETH was holding a 7.02% internet acquire versus Bitcoin’s 4.34%, with the ETH/BTC ratio rebounding almost 9% off its lows close to 0.03.

That power appears to be persevering with. After dipping to round 0.034 BTC earlier this month, the pair has now recovered to 0.0366 BTC. Larger buying and selling volumes help the numbers.

Supply: TradingView

With BlackRock reportedly accumulating ETH and on-chain stablecoin inflows including over $3 billion, the setup signifies sustained institutional rotation that would favor Ethereum within the weeks forward.