Analysis: Ethereum's rise is driven by ETFs and corporate funds, with supply and demand imbalance as the main reason

Odaily Planet Daily News According to Bitwise analysis, since May 15, ETFs and corporate treasuries have purchased a total of about 2.83 million ETH, far exceeding the new output in the same period, and the supply-demand ratio is as high as 32:1. CIO Matt Hougan pointed out that this round of rise is mainly driven by structural capital inflows rather than emotional factors. He expects that the net purchase of ETH in the next year may reach 2 billion US dollars, which will continue to push up prices. (The Block)