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Analysis: Ethereum's Rise Driven by ETF and Corporate Funds, Imbalance of Supply and Demand Main Cause
Summary: According to Bitwise analysis, since May 15th, ETFs and corporate treasuries have purchased approximately 2.83 million ETH, far exceeding the new supply during the same period, with a supply-demand ratio as high as 32:1. CIO Matt Hougan pointed out that this rally is mainly driven by structural fund inflows rather than emotional factors. He predicts ...
According to Bitwise analysis, since May 15th, ETFs and corporate treasuries have purchased approximately 2.83 million ETH, far exceeding the new supply during the same period, with a supply-demand ratio as high as 32:1. CIO Matt Hougan pointed out that this rally is mainly driven by structural fund inflows rather than emotional factors. He predicts that the net purchase of ETH in the next year could reach $2 billion, further boosting prices. (The Block)
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Link: Analysis: Ethereum's Rise Driven by ETF and Corporate Funds, Imbalance of Supply and Demand Main Cause [Copy]