What impact would it bring to BTC as the demand for ETH to exchange the coins from bounties,airdrops and other programs is getting high?
If you look now at the market, then there is no change from the increased volume of trading in the etherium. The etherium is very volatile. From the etherium, many people expect not increase in trading volume, but an increase in scalability.
No impact on btc so far simply because this is happen since bounties started and if you look at the market now, theres no high demand on ETH because its price is dumping. Even if theres a lot of traders are busy monitoring ETH right now I still believe that theres no big impact to btc for thia kind of activity.