Michael Twerpin, one of the earliest crypto-based thought leader and influencer CNBC named “Crypto Godfather,” addressing the community, talking about two biggest cryptocurrencies: Bitcoin and Etherum.
In particular, his tweet Twerpin highlighted the recent massive surge in Ethereum ETF influx.
Ethereum is preparing to surpass Bitcoin in this cycle: twerpin
Twerpin mentioned the massive influx into Ethereum ETFS this August, when it hit a history-high of $1 billion for the first time in history on August 11th. Ethereum prices continue to grow. It’s now over $4,200, but Bitcoin is down from its recent history high of $124,000, and is now changing hands below $114,000.
Crypto Godfather says Bitcoin is consolidated, and Ethereum ETF will increase its holdings, calling this process “textbook cycle rotation dynamics.” He believes that financial institutions are now accepting “economics + debt yield merge.” And this, in his view, is “strategic positioning against Ethereum’s relative outperformance in the late supercycle.”
$btc is integrated to record the rotational dynamics of the textbook cycle. Institutional frontline merge economics + debt yields. Strategic positioning against Ethereum’s relative outperformance in the late supercycle.
– Michael Terpin (@michanelterpin) August 20, 2025
Spot Bitcoin ETFs reach new ATHs
The fund trading on Spot Bitcoin Exchange reached a new historic peak for BTC Holdings this week, according to on-chain data agency Cryptoquant. In particular, this happened thanks to the two biggest ETFs. This is BlackRock’s IBIT and Fidelity’s FBTC.
BlackRock & Fidelity Drive ETF Holdings 1.25m BTC ATH
“The US Bitcoin Spot ETF has reached a historic milestone. As of August 17, 2025, these funds collectively hold 125 million BTC, the highest ever recorded level.” – @cryptoonchain pic.twitter.com/wooud3f7sss
– cryptoquant.com (@cryptoquant_com) August 20, 2025
The aforementioned data source reported that as of August 17th, the Bitcoin ETF held a whopping 1.25 million Bitcoins. This is the highest level recorded in these ETFs. A total of 1.25 million BTC is valued at $1,422,460,000 for Fiat.