Ether Outperforms Bitcoin as ETF Outflows Rise and Ethereum Transactions Jump 41%

Ether has begun outperforming Bitcoin as capital rotates away from US spot bitcoin exchange traded funds and into ether focused products. Bitcoin ETFs recorded net outflows of about $325.8 million on April 13, led by $229 million from Fidelity Wise Origin Bitcoin Fund and $63 million from ARK 21Shares Bitcoin ETF, signaling a cooling of one of bitcoin’s major demand sources.

In contrast, ether funds recorded modest daily inflows of roughly $7.7 million, while weekly inflows climbed to $187 million for the period ending April 10 — the strongest performance so far in 2026 after three weeks of combined outflows totaling about $308 million. Total cumulative inflows into ether funds have now reached a record $11.68 billion, supporting price gains of about 8% over 24 hours compared with bitcoin’s 5% increase.

Ethereum Network Activity Surges but Transaction Value Weakens

Activity on the Ethereum network has accelerated significantly, with daily transactions rising 41% week over week to approximately 3.6 million from around 2.5 million recorded on April 10. Among major networks, only Sonic and TON reported larger percentage increases, though from smaller starting levels.

Despite the surge in activity, stablecoin transfer volume on Ethereum dropped 42.6% during the same period, while transaction fees declined nearly 50%, indicating smaller transaction sizes and reduced economic throughput. Analysts note that bitcoin has remained stable despite ETF outflows, suggesting strong underlying spot demand, but the durability of ether’s outperformance will depend on continued fund inflows and stronger economic value behind network activity.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.