ETH’s Catch-Up Trade: Positioning After Spot-ETF Greenlights and a Fresh Rally Toward ATHs
In August 2025, Ether's spot ETFs saw record inflows, marking a key moment for ETH as it narrowed the ETH/BTC spread and attracted more institutional attention. However, Bitcoin remains dominant, with BlackRock's IBIT ETF managing over $85 billion in assets, far surpassing ETH’s performance. While Ether’s ETF-driven surge indicates growth, Bitcoin continues to lead as the primary institutional asset. The question remains: can Ether maintain this momentum and stay competitive alongside Bitcoin in