**Ether Set to Outshine Bitcoin with Upcoming ETFs**

A new report from Kaiko suggests that Ether (ETH) might outperform Bitcoin (BTC) following the anticipated launch of Ethereum exchange-traded funds (ETFs) in the U.S. The ETH to BTC Price Ratio, which measures how much BTC is needed to buy one ETH, has risen to 0.05 from 0.045 since the SEC approved spot Ether ETFs.

Key Points:

- Ether’s market depth, a measure of liquidity, is low, potentially leading to higher volatility and price spikes.

- Ethereum Exchange Reserves are at multi-year lows, hinting at a supply shock due to institutional demand for ETFs.

- Analysts predict the ETFs could launch by late July, with possible inflows of $10 billion.

Regulatory debates continue, with the SEC recently dropping its investigation into Ether's status, while the CFTC claims ETH is a commodity. Keep an eye on this space for more updates!