#机构疯抢以太坊 Institutions are going on a shopping spree, is Ethereum about to hit $4500?
Recently, a large amount of institutional buying of Ethereum has turned it into the leader, soaring directly to $4300. It seems that these three situations are the main drivers:
ETF funds pouring in: The US spot ETF is like a "money printer," with huge amounts entering the market daily to buy ETH, and the exchange inventory is nearly sold out.
Public companies stockpiling: Companies like BitMine are buying ETH at a speed 12 times faster than Bitcoin, and Standard Chartered has directly stated that this is more profitable than buying ETFs.
All the right conditions are in place: The US dollar is weakening + the Federal Reserve is expected to cut interest rates, with funds flowing into the cryptocurrency market.
Analysts are collectively bullish, believing that as long as ETF funds keep coming in, $4500 will be the next stop. Some big names even claim that Ethereum is replicating Bitcoin's bull market from 2017.
I saw a prominent figure on Twitter saying: In the second half, institutions will be the main force for Ethereum, and the growth and returns will surpass BTC. We don't know the truth, but we can only say that Ethereum is impressive this time.