Ethereum Poised to Outperform Bitcoin: Novogratz’ Forecast
Ethereum (ETH) Predicted Smokes Bitcoin (BTC)
Galaxy CEO Mike Novogratz contends that Ethereum (ETH) can surpass Bitcoin (BTC) over the next three to six months, fueled by institutional adoption.
According to Novogratz, significant buying by institutions, mimicking the Bitcoin treasury model adopted by firms like MicroStrategy, will drive ETH’s price.
Ethereum Current Standing & Price Outlook
Ethereum, recently trading near $3,730, recently hit a 2025 record high above $3,800, still resting notably below its 2021 all-time high of $4,878.
Novogratz forecasts ETH could reach $4,000 within the near term, after prompting from an online prediction platform reported 55% confidence in reaching another high record.
Drivers of Potential ETH Rally
Institutional investment appears key to Novogratz’s outlook:
- Several Nasdaq-listed firms are adopting ETH into their treasuries, notably BitMine Immersion ($2B+) and SharpLink Gaming ($1.3B+).
- Ethereum exchange-traded funds, approved by the SEC, recorded substantial inflows last week, exceeding $726M in one day.
Bitcoin Perspective
While Novogratz sees potential upside for Ethereum, he also suggests Bitcoin could approach the $150,000 threshold, though currently trades below that mark following a recent all-time high of around $122,838.
