Demand Surge Drives Ethereum Price to New Highs

Bitwise reveals that as of July 2025, Exchange-Traded Products and corporate treasuries have purchased 2.83 million ETH, outpacing the Ethereum network’s issuance of 89,000 ETH in the same period.
This supply-demand imbalance, leading to ETH’s price surge, underscores enormous institutional interest and potential future pricing dynamics for Ethereum.

Institutional Acquisitions Propel Ethereum’s Market Value

Bitwise’s disclosure highlights how institutional acquisitions have contributed to Ethereum’s price rally by amplifying demand beyond supply. Chief Investment Officer Matthew Hougan noted the demand-to-supply ratio reached 32:1, describing it as a key factor for ETH’s rise.

As Ethereum’s price climbed, over $10 billion flowed into the market since mid-May. With institutions continuing to purchase ETH, investors foresee ongoing strong demand, characterized by spot ETH Exchange-Traded Products (ETPs) and corporate treasury activities.

Community reactions to the ETH demand surge emphasize its potential to position Ethereum as a store of value. Hougan stated, “Sometimes, it really is that easy,” in reference to the supply-driven market dynamics.

Ethereum Trends: Price Data and Future Regulatory Impacts

Did you know? Following the approval of Bitcoin ETFs in 2024, similar demand-driven surges were recorded, reflecting current Ethereum market behavior.

According to CoinMarketCap, Ethereum (ETH) trades at $3,722.19, driving its market cap to $449.31 billion. Recent movements show a 106.17% increase over 90 days. Ethereum’s market dominance is 11.57%, with a 24-hour trading volume of $40.49 billion, evidencing substantial market activity seen on July 24, 2025.

Coincu research analysts foresee Ethereum’s continued demand-driven growth, with more ETH likely absorbed into institutional vehicles. They anticipate regulatory updates potentially reinforcing Ethereum’s transactional role within tokenization processes.