Bitwise Makes $10 Billion Prediction for Ethereum Markets: Details
2025-07-02 15:26:32
Main Idea
Bitwise CIO Matt Hougan predicts that inflows into Ethereum ETFs could reach $10 billion in the second half of 2025, following strong initial performance.
Key Points
1. Ethereum ETFs began trading in the U.S. in July 2024, with $1.17 billion in flows in June alone.
2. Bitwise CIO Matt Hougan forecasts that Ethereum ETF inflows will accelerate significantly in the second half of 2025, potentially reaching $10 billion.
3. In the last 24 hours, Ethereum ETF inflows totaled $40.7 million.
4. Nasdaq-listed Bit Digital raised $163 million in net proceeds from a share offering to fund the Ethereum treasury.
5. Ethereum's utility and familiarity are expected to attract both institutional and retail investors.
Description
Ethereum attracting institutional interest
Latest News
- Dogecoin (DOGE) On Verge of 50% Price Jump, Here's What Needed to Know2025-07-04 12:22:07
- 92,873 Ethereum In 10 Minutes, What is Going On?2025-07-04 12:19:02
- XRP Sees Surge of New Users: Crucial Signal2025-07-04 12:17:39
- Chainlink (LINK) Top 10 Wallets Control 32% Supply: Report2025-07-04 12:04:31
- $602,000,000 in 24 Hours: Bitcoin ETFs Receive Massive Boost2025-07-04 11:48:22