The ETH/BTC ‘Flippening’ Is 53% Complete According to New Index

A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ — where Ethereum overtakes Bitcoin — is more than halfway complete. The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it shows this is the first time the index has topped 50% in 18 months — the highest point since March 2019 when it was around 56.2%.