Bitwise CIO Matt Hougan says surging institutional and corporate demand is pushing Ethereum higher, with over $10 billion in ETH bought since mid-May—32x more than issued. According to Crypto Briefing, ETH has gained 105% in three months, outpacing Bitcoin’s 23%, as the ETH/BTC ratio climbs to 0.031 and BTC dominance falls to 61%.
Bitwise: Demand shock driving Ethereum outperformance
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