The trend of accelerated growth in the Ethereum price compared to Bitcoin could continue due to a more constructive deflationary policy. Over the past week, ETH has advanced more than 17%, while Bitcoin is up only 9.4%. Will Ethereum be able to outperform Bitcoin due to its superior fundamentals?
ETH looks set for strong outperformance due to both a deflationary policy and a more affordable price threshold. In addition, the market has a lot of expectations as investors are apparently willing to buy the rumor and just as willing to sell the news. Rumor in this case implies expectations that spot Ethereum ETFs will get the nod the same way spot BTC ETFs did. In that case, high demand for the underlying asset from institutional investors could help pump up the token to new highs.
ETH could arguably outpace Bitcoin in terms of growth potential. But for this it would be necessary that demand for the token be confident and constant.
New details about the launch of spot ETH ETFs could come in May and this investment vehicle could be fully operational within a year.