Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset Management, has articulated a compelling narrative for the digital asset’s growth potential. With a keen eye on regulatory developments and technological advancements, Hougan forecasts a bullish cycle for Ethereum (ETH) driven by key market dynamics.

Hougan’s optimism revolves around the anticipated approval of spot Ethereum exchange-traded funds (ETFs), a development he believes could inject a substantial $15 billion into the Ethereum ecosystem within 18 months of their launch.&middot

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