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Bitwise CIO on Ether’s ‘Demand Shock’: Why ETH’s Rally Has Staying Power

Summary by Coin Desk
Ether's recent price action may be fueled by more than just sentiment. According to Bitwise Asset Management Chief Investment Officer Matthew Hougan, the world’s second-largest crypto asset is undergoing what he calls a “demand shock,” driven by surging inflows into exchange-traded products and new corporate treasury strategies.In a thread posted Tuesday on X, Hougan broke down why he believes ether's rally is only getting started. Since mid-May…

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fxempire.com broke the news in on Wednesday, July 23, 2025.
Sources are mostly out of (0)