Foresight News reported by The Block, since May 15, ETFs and corporate treasuries have purchased approximately 2.83 million Ethereum, which is 32 times the new supply of Ethereum during the same period, driving the ETH price up more than 65% in the past month, with a total increase of over 160% since April. Bitwise Chief Investment Officer Matt Hougan stated that this surge is mainly due to supply and demand imbalance, rather than changes in market sentiment. He expects that in the coming year, the demand for Ethereum from ETFs and corporate treasuries will continue to grow, potentially purchasing about 533,000 ETH, with a total value of approximately $20 billion, while the new supply during the same period is only 800,000, further exacerbating the supply shortage.

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