The post Ether Expected to Outperform Bitcoin in Near Term, Says Crypto Asset Manager appeared first on Coinpedia Fintech News
Ether is set to outperform Bitcoin in the upcoming term, driven by the anticipation of spot Ether ETFs, says Arbelos Markets co-founder Joshua Lim. The ETH/BTC ratio currently stands at 0.056, with an expected surge to 0.06. This follows the SEC’s approval of spot Ether ETFs, which has significantly boosted investor interest. K33 Research also supports the increased exposure to Ether, citing its relative strength compared to BTC. Despite this positive outlook, the price of Ether has declined by 2.7% in the last 24 hours. Meanwhile, the GM 30 Index of leading cryptocurrencies has also decreased by 2.67%.
