Ethereum News Today: Ethereum Jumps 67% as Institutional Demand Outpaces Supply 58x

Ethereum’s price has surged over 65% in the last 30 days, marking a dramatic rebound after months of decline, as institutional demand and corporate treasury purchases create what Bitwise chief investment officer Matt Hougan describes as an “Ethereum demand shock.” This surge mirrors the dynamics that have propelled Bitcoin’s price upward over the past 18 months, where exchange-traded products (ETPs) and corporate treasuries have consistently absorbed more than 100% of new Bitcoin supply. According to Hougan, similar forces are now reshaping Ethereum’s market fundamentals.

Since May 15, 2025, Bitwise estimates that ETPs and corporate treasuries have collectively purchased 2.83 million ETH, valued at over $10 billion at current prices. This volume represents 32 times the net new supply of Ethereum generated during the same period, creating a stark imbalance between demand and issuance. The trend is driven by a structural underweight in Ethereum among institutional portfolios compared to Bitcoin, compounded by regulatory tailwinds in stablecoin markets and a growing real-world asset (RWA) tokenization sector, both of which favor Ethereum’s infrastructure.

Arthur Hayes, founder of BitMEX, has amplified the bullish sentiment, forecasting that Ethereum could reach $10,000 by year-end 2025. His prediction follows a recent analysis showing that net inflows into Ethereum ETFs on July 23 alone exceeded 143,905 ETH ($534 million), dwarfing the network’s net issuance of 2,468 ETH ($13 million) that day. This 58x disparity highlights a rapid acceleration in institutional adoption, with Hougan anticipating that ETPs and treasuries could collectively purchase $20 billion in ETH—equivalent to 5.33 million tokens—at current prices over the next 12 months.

Current technical indicators suggest Ethereum’s price is consolidating near $3,720, having tested the $3,800 resistance level three times. Over the past month, it has outperformed Bitcoin by a significant margin, climbing 67% from $2,250 in early June. Hougan notes that Ethereum’s supply constraints—projected to produce only 800,000 ETH over the next year compared to anticipated demand of 5.33 million—create a sevenfold demand-supply gap, further reinforcing its upward trajectory.

The market dynamics are underpinned by a broader shift in capital allocation, as spot Ethereum ETFs began capturing liquidity at an unprecedented pace starting in July 2024. While these funds initially attracted $2.5 billion in inflows through mid-May, recent months have seen exponential growth, with inflows now outpacing Bitcoin’s ETF outflows. This trend reflects growing confidence in Ethereum’s role as both a store of value and a foundational asset for decentralized finance (DeFi) and RWA integration.

Analysts caution that while the current momentum appears robust, risks such as regulatory shifts and macroeconomic volatility remain. However, the combination of institutional demand, structural supply constraints, and Ethereum’s expanding utility in global financial systems has positioned it as a key driver of the crypto market’s next phase. With ETPs and corporate treasuries continuing to absorb the asset at rates far exceeding issuance, the path to $10,000—once considered speculative—now appears increasingly within reach.