Galaxy Digital’s Michael Novogratz argues that Ethereum’s scarcity and institutional inflows position ETH to outperform Bitcoin within months—with $4,000 as the next target.
“Bitcoin’s dominance may wane as ETH’s supply shock narrative gains traction,” he told CNBC. Recent disclosures reveal $3.3 billion in ETH holdings by BitMine and Sharplink, underscoring institutional appetite.
Novogratz expects ETH to “challenge $4,000 decisively,” a breakout that could redefine its market trajectory. “The fundamentals and momentum favor Ethereum right now,” he said.
