Ether Surges 8%, Outpacing Bitcoin Gains Amid Staking ETF, Tokenization Optimism

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ether Surges 8%, Outpacing Bitcoin Gains Amid Staking ETF, Tokenization Optimism BlackRock's filing for a staking ether ETF earlier this week has contributed to ETH's relative strength to bitcoin, one market strategist noted. By Krisztian Sandor | Edited by Stephen Alpher Dec 9, 2025, 6:47 p.m. Ether (ETH) price today (CoinDesk) What to know : Ethereum's ether (ETH) led the crypto rally on Tuesday, surging to its highest price since mid-November and outpacing bitcoin's gains. The ETH/BTC ratio reached its strongest level since October, indicating rotation towards ether. BlackRock filing for staking ETF boosted ETH's relative strength to BTC, LMAX's Joel Kruger said. Ethereum's ether ETH $ 3,377.57 surged on Tuesday to its strongest price since mid-November, leading crypto markets higher as bitcoin BTC $ 93,901.59 climbed above $94,000. The second-largest cryptocurrency climbed to just shy of $3,400, rallying 8.4% over the past 24 hours. Those gains significantly outpaced bitcoin’s 4.5% advance and the broad-market benchmark CoinDesk 20 Index’s 6% climb. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The rally also drove the ETH/BTC ratio — a closely-watched gauge of ether’s relative performance to bitcoin — to its strongest level since late October, signaling rotation into ETH from the leading crypto. Ether's rally and relative strengths against BTC is being driven by "improving regulatory expectations and renewed optimism around ETF-related inflows" with staking being added to funds on the horizon, Joel Kruger, market strategist at LMAX, said in a Tuesday note. Asset management giant BlackRock, issuer of the most popular spot ETH ETF, filed Monday to introduce the iShares Ethereum Staking Trust, which would provide yield from staking to investors. "The development revives optimism around ETH-focused inflows and the prospect of yield-bearing crypto products reaching a broader investor base," Kruger wrote. "While regulatory timelines remain uncertain, the headline has added more support to ETH’s relative stability versus bitcoin." ETH could also benefit from regulatory efforts to pave way for real-world asset tokenization, a fast-growing sector focusing on bringing financial instruments like bonds, funds and real estate onto smart contract platforms like Ethereum. Paul Atkins, chairman of the U.S. Securities and Exchange Commission, has touted tokenization a key innovation for capital markets, saying in an interview with Fox Business last week that it has the potential to change the financial system, reducing settlement risks and trade gaps. Ethereum News Ether ETFs Staking Tokenization More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up By Shaurya Malwa | Edited by Omkar Godbole 5 hours ago Early PeerDAS performance is proof that the Ethereum Foundation can now ship complex networking improvements at scale. What to know : Ethereum co-founder Vitalik Buterin said that the network is addressing its lack of peer-to-peer networking expertise, highlighting the progress of PeerDAS. PeerDAS, a prototype for Data Availability Sampling, is crucial for Ethereum's scalability and decentralization through sharding. BitMine Immersion Technologies has significantly increased its Ethereum holdings, viewing it as a strategic investment in the network's future scaling capabilities. 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