Ethereum (ETH) price is gaining momentum as institutional investors appear to be rotating capital from Bitcoin (BTC) into ETH, signaling growing confidence in the token’s future prospects. The primary driver of this narrative is BlackRock’s growing ETH holdings, alongside a reduction in its BTC exposure. Galaxy Digital’s major OTC whale purchase also adds a tailwind for a bullish Ethereum price forecast. Coupled with technical patterns, this fundamental shift in investor mindshare from Bitcoin to Ethereum is massively bullish for ETH.
Read the full article here
