Ethereum has been outperforming Bitcoin according to data from Santiment, which reports a 32.90% increase in the ETH/BTC ratio over the last 30 days. This also presents a picture of Ethereum’s better market performance. This is independent of the larger market trends and instead points to investor choice between the two main cryptocurrencies.
Currently at 0.03771 BTC per ETH, through August 2025 Ethereum has outperformed Bitcoin. Bitcoin saw daily fluctuation between 0.03558 to 0.03854. This outperformance results from growing institutional and retail investor preference. They prefer Ethereum’s role in decentralized finance, smart contracts, and stablecoin settlements. Data from various platforms such as Santiment supports this trend.
Social Sentiment Divergence
While Bitcoin was at its all-time high of $124,128, this brought out a great social reaction. Santiment reported that Ethereum’s rise has been without the same energy from the crowd. ETH went up to within 1.94% of its 2021 all-time high of $4,878. However, it didn’t see the same outburst of interest. Also, in history, we have seen that coins seeing great social media hype do so at the market’s top, which is a bearish sign. Thus, Ethereum’s quiet social media play is a positive for a bull run.
The Fear and Greed Index has been in the “Fear” band. The readings are at 24-26, despite strong ETH performance. According to Santiment, the ETH crowd hasn’t shown nearly the same level of positivity. This is despite performance improving by a great margin over the past 3 months. This also means Ethereum’s rise may not run into as much sentiment-based resistance.
Institutional Adoption And Capital Inflows
Ethereum is also seeing growth from a strong base of institutional support. Standard Chartered reports that in the 9 months since June 2025, Ether has seen 3.8% of total ETH in circulation picked up by treasury companies and ETFs. This is almost double the rate at which Bitcoin saw growth at its peak. In August, $1.54 billion poured into spot Ethereum ETFs in just 2 days. BlackRock’s ETHA fund broke the $10.5 billion in assets under management mark. This trend is confirmed by Santiment.
In this year alone, institutions’ acquisition of Ether is at a level of about $19 billion. Reports like that of BitMine and Immersion Technologies, which plan to put forth $24.5 billion for ETH purchase, and SharpLink’s $389 million focused fund for Ethereum illustrate this trend. In comparison to Bitcoin, Ether’s flow of capital and rate of adoption play into its role as a base element of crypto infrastructure. This is opposed to what may be perceived as a speculative asset.