Galaxy Digital CEO Michael Novogratz, known for his support of Bitcoin and cryptocurrencies, made ambitious statements. Appearing on CNBC's Squawk Box program, Galaxy Digital CEO Michael Novogratz argued that Ethereum could soon surpass Bitcoin. Referring to Ethereum's recent surge, Novogratz said that the rapid increase in institutional interest in ETH could lead to a supply shock and ETH could overtake Bitcoin in the next three to six months. The famous name stating that Ethereum could reach $4,000 very soon said: “I think Ethereum has a good chance of surpassing Bitcoin in the next three to six months, Because ETH's story is really strong and ETH has recovered very quickly.” Novogratz, noting that large companies' treasury strategies are helping Ethereum rally, said, “Public companies are copying Strategy's (formerly MicroStrategy) Bitcoin treasury model. But they're buying ETH instead of BTC. They're raising capital every day and buying ETH, which is driving ETH's strength.” Novogratz also revealed his Bitcoin prediction, adding that the price could reach $150,000 this year. BitMEX co-founder Arthur Hayes also predicted that Bitcoin could reach $250,000 by the end of the year, while Ethereum could reach $10,000. *This is not investment advice. Continue Reading: Famous CEO Announces: "This Altcoin Is Following Bitcoin's Neck, It Could Overtake It Very Soon!" Here's Why! – He Also Gave a Date!