ETH/BTC ratio hits 10-month low as ether lags behind bitcoin amid ETF-driven bitcoin gains

The ETH/BTC ratio fell to 0.02835, its lowest level since July 2025, dropping over 35% from its August peak. This decline signals weakening risk appetite as investors favor bitcoin's stability over ether, which continues to underperform. The ratio remains well below its 200-week moving average, reinforcing a long-term bearish trend for ether relative to bitcoin, driven by strong institutional inflows into bitcoin ETFs since early 2024. This suggests continued preference for bitcoin amid market uncertainty.