- Standard Chartered favors Ethereum treasuries for NAV efficiency.
- ETH treasuries reportedly absorb 1.6% of ETH supply.
- Growing institutional demand signals potential for further absorption.
Standard Chartered’s Geoffrey Kendrick suggested Ethereum treasury companies are currently more attractive investments than U.S. spot ETH ETFs due to better NAV multiples and institutional interest.
The evaluation highlights potential market shifts as treasury companies diversify Ethereum holdings, impacting ETH supply dynamics and staking opportunities, driving investor confidence in Ethereum-linked assets.
Standard Chartered has declared that Ethereum treasury companies present a more attractive investment compared to U.S. spot ETH ETFs. Citing higher NAV multiples and regulatory arbitrage, Geoffrey Kendrick emphasizes on a more efficient investment option.
Geoffrey Kendrick, leading Standard Chartered’s digital asset research, highlights the investment appeal of ETH treasuries, while mentioning companies like BitMine Immersion Technologies. This stance shows a shift in focus for institutional asset allocation.
The endorsement from Standard Chartered resulted in a 3% rise in Ethereum prices, showcasing growing investor confidence. The statement implies a potential shift in market sentiment towards ETH treasuries over traditional investment vehicles.
Companies involved in Ethereum treasury management are expected to experience increased market dynamics as institutional interest balances their ETH adoption. This recognition encourages future focus on the ETH market by corporations. Geoffrey Kendrick, Global Head of Digital Asset Research, Standard Chartered, commented, “Buying by the Treasury companies has now matched that of ETFs.”
Continued support from Standard Chartered might cause notable shifts in investment strategies. Enhanced focus on Ethereum holding firms could lead to significant institutional ETH asset allocation, bolstering market resilience.
Historical Bitcoin treasury adoption trends suggest stronger corporate governance. Ethereum’s growing prominence may inspire similar traction among investors, indicating viable opportunities for profit and diversification.
