Ether May Outperform Bitcoin Following ETF Debut, According to Kaiko

The upcoming launch of spot Ether exchange-traded funds may propel the cryptocurrency to keep outperforming bigger rival Bitcoin, research firm Kaiko said. Kaiko cited the price of Ether relative to Bitcoin increasing to around 0.05 from 0.045 following the first stage of approval for Ether ETFs from the US Securities and Exchange Commission.