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Matt Hougan from Bitwise Asset Management is making a bold call: he predicts Ethereum could break past $5,000 by the end of the year, thanks to the launch of Ethereum ETFs.
Hougan believes these ETFs will bring in a lot of new demand, just like they did for Bitcoin. However, he also expects some initial volatility, as funds might move out of the $11 billion Grayscale Ethereum Trust when it converts to an ETF.
Exciting times ahead for ETH!