🚀📉 #Ethereum's ETH is lagging behind #Bitcoin despite a historic upgrade 19 months ago. ETH/BTC hit a 3-year low, puzzling ETH bulls who thought the September 2022 Merge would make ETH a tastier investment.

🔧The Merge introduced proof of stake and slashed ETH inflation by 90%. Yet, ETH/BTC has dropped 45% since.

💭Crypto fund founder Joe McCann says the "flippening" dream (ETH surpassing BTC market cap) has become a nightmare.

🔄Meanwhile, Bitcoin is now hosting apps once unique to Ethereum, like Ordinals NFTs and BitVM.

🏛️Regulatory hurdles also plague Ethereum. While Bitcoin ETFs got the green light, an Ether ETF seems unlikely.

💡What's your take on this? Is Ethereum's reign over or is this just a bump in the road? Let's discuss! #CryptoNews #BTCvsETH