Galaxy Digital CEO: "Ethereum projected to outperform Bitcoin over the next 3–6 months"
Suehyeon Lee
Summary
- Mike Novogratz, CEO of Galaxy Digital, stated that the return on Ethereum (ETH) is expected to surpass Bitcoin (BTC) over the next 3–6 months.
- Novogratz highlighted that institutional investors are actively purchasing Ethereum, which is a key driver behind its upward momentum.
- He noted that several companies, such as SharpLink Gaming, BitMine, and Bit Digital, have begun acquiring Ethereum as a strategic reserve asset.
Mike Novogratz, CEO of Galaxy Digital, predicted a strong outlook for Ethereum (ETH).
According to CryptoPotato on the 26th (local time), Novogratz stated in an interview with CNBC, "There is a high possibility that Ethereum will yield higher returns than Bitcoin (BTC) over the next 3–6 months," adding, "The main driving force behind this upward trend is that institutions are actively purchasing Ethereum."
In fact, several companies, including SharpLink Gaming, BitMine, and Bit Digital, have recently started acquiring Ethereum as a strategic reserve asset.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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