Ether increased by approximately 8 percent in the last 24 hours, surpassing Bitcoin’s 5 percent rise. Looking at the last week, Ether’s performance was 4 points better than Bitcoin and 9 points better in the last month. Attention in the crypto market focused on the rapid expansion of this gap and the capital’s route to Ether.
Outflow in Bitcoin ETFs, record inflow in Ether funds
There was a total net outflow of $325.8 million from spot Bitcoin ETFs in the USA on April 13. Of this amount, $229 million came from FBTC managed by Fidelity and $63 million came from ARK’s ARKB fund. These outflows pointed to a clear cooling in ETF movements, which have recently accounted for a significant portion of the demand for Bitcoin.
During the same period, there was a daily inflow of $7.7 million into Ether funds, and $187 million in the last seven days. This figure stood out as the strongest weekly inflow recorded so far in 2026, signaling a turnaround after three weeks of outflows totaling $308 million. The total capital entered into Ether funds so far reached 11.68 billion dollars, breaking a record.
The change in the assets that the funds were directed to showed that investors’ interest in Ether has increased significantly in the short term. Bitcoin, on the other hand, maintained a solid stance in its price despite the fund exit from ETFs.
The number of transactions on Ethereum is climbing, economic activity has slowed down
The number of daily transactions on the Ethereum network increased by 41 percent compared to the previous week, reaching approximately 3.6 million. This figure, which was at 2.5 million on April 10, continued its rise throughout the week. Artemis data showed that among major blockchain networks, the fastest increase in this period was experienced in Ethereum. But despite the rapid rise in transaction volume, similar jumps were only observed on smaller chains Sonic and TON.
The nature of the activity recorded on the network became a matter of debate. In the same period, stablecoin transfer volume on Ethereum decreased by 42.6 percent, while transaction fees decreased by 50 percent. This picture indicated that the increasing number of transactions was realized with lower transaction amounts and that the general economic activity was weakening.
On the Bitcoin side, price stability attracts attention. While it was observed that there was a stable demand in the spot market, it was stated that Bitcoin continued to remain strong despite ETF outflows.
The weekly report published by Glassnode revealed that Bitcoin continues to absorb ETF outflows in the short term, while underlying demand continues to provide support for the market.
Whether the demand for Ether funds and on-chain data will be sustainable will be decisive in turning the rise into a permanent rotation. Experts expect the questions of whether Bitcoin will maintain its position and whether this demand for Ether will remain temporary will be answered in the coming days.
In the past, the greatest user mobility in Ethereum was seen in the summer of 2025, when the volumes of stablecoins exploded and the economic capacity of the network reached a record level. During this period, the Ether price approached $4,000.
However, current data indicates that while the number of transactions increased this week, activity on the chain decreased in value terms. In other words, activity on the network increased, but the total amount sent decreased. Establishing the balance between the two data will be decisive in the coming period in terms of whether the Ether rotation will turn into a permanent transformation.
