#GateSquare# and #ETH Hits 4800# #ETH#

Strategist saying "The rise will continue in Ethereum": It's clear why the price skyrocketed!
Matt Hougan, Bitwise's Chief Investment Officer, states that institutional investors have poured $5 billion into spot ETH ETFs since May 15, driving prices up by as much as 150%. According to Hougan, in the next 12 months, ETFs and companies will collect an additional 5.33 million ETH, creating seven times the demand of new supply.
Matt Hougan, the chief investment officer of asset management firm Bit, expects the price of ETH to continue rising in the coming months as institutional demand increases. Highlighting that ETH, the second-largest cryptocurrency by market capitalization, has been "storming" recently, Hougan stated:

"ETH is on fire. In the first four months of the year, after a downward trend, it experienced a strong recovery. In the last month, it has risen more than 50%, and since the low levels in April, it has increased by more than 150%. The reason? Overwhelming demand from exchange-traded funds (ETFs) and companies."

"The reason why the price has skyrocketed is obvious!"
According to Hougan, institutional appetite has sharply increased since May 2025, effectively igniting the price of ETH. The Bitwise executive pointed out that there has been over $5 billion in inflows into spot ETH ETFs since May 15, 2025. He also noted that ETH ETFs have received nearly $4.5 billion in investments so far in July, emphasizing that this amount exceeds all investments made during the period from July 2024 to June 2025 when the ETFs were launched.

Hougan said, "According to our calculations, since May 15, ETFs and companies have purchased a total of 2.83 million ETH ( approximately 10.5 billion dollars ). This is exactly 12 times the new supply released during the same period! It's clear why the price has skyrocketed."

"All indicators are positive"
Hougan stated that this trend is likely to continue:

"The growing interest in the stablecoin and tokenization space will provide a strong flow of funds to ETH ETFs for a long time. At the same time, all indicators suggest that the trend of 'ETH treasury companies' will accelerate. In the next year, it is likely that ETFs and companies will purchase a total of 5.33 million ETH (20 billion dollars). The amount of ETH produced by the network during the same period is expected to be around 0.8 million. This means that demand is approximately 7 times the supply."