Bitcoin Long-Term vs Short-Term Holding Strategy: Which Is Better?
- 31 Oct 2025
Bitwise Chief Investment Officer Matt Hougan predicts a continued rise in Ethereum’s price, citing a significant surge in institutional demand. After a slow start to the year, ETH has seen a remarkable rebound, driven by substantial inflows into Ethereum Exchange-Traded Products (ETPs) and increasing adoption by corporate treasuries.
Hougan highlighted that since mid-May, spot Ethereum ETPs have attracted over $5 billion. This surge in institutional interest follows a period of tepid response after their launch in July 2024. Concurrently, major corporations are beginning to incorporate Ethereum into their treasury strategies, with companies like Bitmine and SharpLink making public announcements.
Estimates suggest that ETPs and corporate treasuries have collectively purchased approximately 2.83 million ETH since May 15. Valued at current prices, this represents over $10 billion. This influx of demand is a staggering 32 times the net new supply of ETH during the same timeframe, directly contributing to the cryptocurrency’s price appreciation.
Looking ahead, Hougan remains optimistic about Ethereum’s trajectory. He anticipates that the trend of strong ETP inflows and corporate treasury adoption will persist, fueled by growing interest in stablecoins and the tokenization of real-world assets. Hougan projects that ETPs and treasury companies could purchase as much as $20 billion worth of ETH, or 5.33 million ETH, in the next year. This projected demand is expected to be roughly seven times greater than the estimated network supply of 0.80 million ETH over the same period, suggesting a strong upward pressure on the price.
At the time of reporting, Ethereum was trading at $3,635, reflecting a slight decrease of 3.2% on the day.
