The ETH/BTC ratio has hit its year-to-date low at roughly 0.027 on May 21, reflecting sustained institutional preference for Bitcoin over Ethereum. While both major cryptocurrencies have faced downward pressure due to macroeconomic worries and global tensions, Ethereum (ETH) has dropped more sharply than Bitcoin (BTC), confirming that capital is rotating back into BTC.
ETH/BTC May 2026
Image Source: CoinMarketCap
For investors, the real issue is whether ETH can regain its position anytime soon under the current macro and liquidity regime, or whether market participants should remain focused primarily on BTC and on selective crypto exposure elsewhere. Let’s find out.
