Ether is undervalued compared to Bitcoin, attracting ETF buyers; potential rally ahead.

From Yahoo Finance: 2025-05-17 03:25:00

ETH is undervalued compared to BTC, reaching a ratio not seen since 2019, according to a CryptoQuant report. The ETH/BTC MVRV metric historically predicts significant gains for ETH.

Demand for the ETH ETF is rising, with institutional investors anticipating ETH will outperform BTC, possibly due to the recent Pectra upgrade or a favorable macroeconomic environment.

ETH/BTC ratio has rebounded 38%, signaling investors betting on an “alt season.” On-chain data shows increased trading volume and decreased exchange deposits, indicating higher prices ahead.

Confirmation of ETH’s upside potential relies on breaking above its 365-day moving average against BTC. Despite lagging network activity, rising institutional interest, and reduced selling pressure suggest significant growth for ETH.

Read more: Undervalued Ether Catching Eye of ETF Buyers as Rally Inbound: CryptoQuant