Standard Chartered: Strategy's BTC sale signals major Ethereum outperformance

A BTC sale by Strategy marks the beginning of a major rotation in which Ethereum will significantly outperform Bitcoin, according to an analysis from investment bank Standard Chartered. CoinDesk reports that Geoffrey Kendrick, the bank's head of digital asset research, noted that Ethereum has already shown relative strength by gaining over 5% against Bitcoin since news of the sale. Kendrick views this as the start of a structural reversal. He predicted that the ETH/BTC ratio will rise to 0.04 by the end of this year, implying that Ethereum is set to outperform Bitcoin by at least 40%.