Bitwise CIO forecast: ETP and finance companies will buy $20 billion worth of ETH next year

According to Foresight News, Bitwise CIO Matt Hougan said that since May 15, Ethereum spot ETP market has inflowed more than $5 billion, and listed companies such as Bitmine and SharpLink have announced Ethereum strategic reserves. ETP and corporate treasury bonds purchased a total of 2.83 million ETH, worth more than US$10 billion, equivalent to 32 times the net new supply in the same period. He predicted that ETP and finance companies will purchase $20 billion worth of ETH next year, which is equivalent to 5.33 million ETH at current prices, equivalent to 7 times the net new supply in the same period.
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