Ethereum Poised to Surpass Bitcoin in January, Analyst Predicts

The potential for Ethereum to outpace Bitcoin in January is anticipated and could trigger an altcoin rally within the Ethereum ecosystem, according to Michaël van de Poppe, analyst and founder of MN Trading.

Wouldn’t be surprised if $ETH / $BTC breaks through 0.04 in January.

Inflow in $ETH, outflow in $BTC.

Consolidation in Bitcoin —> #Altcoin run in Ethereum ecosystem.

— Michaël van de Poppe (@CryptoMichNL) December 24, 2024

The expert highlighted the strong likelihood of the ETH/BTC rate surpassing the 0.4 level, last seen on December 8. At the time of writing, the ratio stands at 0.0356.

Van de Poppe believes this will be driven by inflows into Ethereum and outflows from Bitcoin. The consolidation of the leading cryptocurrency’s prices will act as a catalyst for demand for altcoins within the Ethereum ecosystem.

On December 23, investors poured $130.8 million into spot ETH-ETFs after two days of withdrawals. Prior to this, clients had directed $2.45 billion into these instruments over 18 days.

Spot BTC-ETFs continued to see outflows for the third consecutive day, totaling $226.6 million ($1.18 billion over this period).

Nate Geraci, President of The ETF Store, predicted further strengthening of inflows into ETH-ETFs.

Updated chart showing cumulative flows into gold, btc, & eth ETFs…

Gold ETFs launched Nov 2004.

Btc ETFs in Jan 2024.

Eth ETFs July 2024.

Eth ETFs currently on pace w/ gold, but I expect inflows to accelerate from here.

Btc ETF flows are simply ridiculous.

via @Todd_Sohn pic.twitter.com/efh8Hezz3e

— Nate Geraci (@NateGeraci) December 19, 2024

Previously, Ruslan Lienkha, a top manager at YouHodler, pointed to the prospects of including staking in ETH-ETFs. Bernstein shares this view.

Some experts believe that the success of ETH-ETFs could propel the second-largest cryptocurrency by market capitalization to a new all-time high.