Analysis: The ETH/BTC ratio has risen to a 10-week high, with Ethereum recently outperforming Bitcoin.

CoinFeed reported on April 16th, citing Cointelegraph, that the ETH/BTC ratio has risen to a 10-week high, with Ethereum recently outperforming Bitcoin. The ratio broke through the downtrend line resistance level since August 2025 and rose above the 50-day and 100-day exponential moving averages. XWIN Research points out that a staff statement released by the U.S. Securities and Exchange Commission on April 13th explained that DeFi front-ends and wallet interfaces do not need to register as broker-dealers if they meet conditions such as non-custodial and neutral fee structures, which has driven Ethereum's strength. On-chain data shows an upward trend in active addresses, and the Coinbase premium gap is also improving, indicating that institutional demand in the U.S. is recovering.