Perhaps the fact that ETH is now growing more slowly than other currencies shows that investors are investing it in ICO?
An interesting idea, really, as far as I know the greatest amount of investment goes in ETH.
I do not think that projects immediately cash the ETH, there is some other reason most likely.
I will not argue, but I'm sure that ETH will catch up with other currencies, it will recover later.
But even now investing from the ETH in VRT i think it's right.