It is more profitable for companies to handle ETH treasures than to invest in the ETFs: Standard Chartered

According to the recent analysis published by Standard Chartered, Companies find it more profitable to manage reservations in Eth that invest in the ETFs of the digital currency, since with the funds they can make staking and participate in protocols DEFI.

***

• Standard Chartered It is pronounced on the trend of companies to manage reservations Eth.
• Indicates that this alternative is more profitable than investing in the ETFs Ethereum spot.
• With funds, companies can multiply their income with staking and programs DEFI.
• Companies like Sharplink They lead reservations trend Eth.

The companies that accumulate Ethereum As part of their treasury, they have become a more attractive investment alternative than the listed funds (ETF) based on Eth In the United States, according to Standard Chartered.

This premise was put on the table the Global Chief of Digital Assets Research in Standard Chartered, Geoffrey Kendrick, who indicated in a recent analysis, reviewed by The block, that these companies have greater potential for profitability and exposure to the advantages of the ecosystem Ethereum. He assured that the strategy is more beneficial because they even guarantee access to staking rewards and participation in decentralized finances (Defi), aspects still inaccessible to the ETFs in cash in the US.

NAV at favorable levels: regulatory opportunity

Kendrick explained that the multiples of the net value of assets (Nav, for its acronym in English) of the treasurers of Ethereum —Calculated such as stock capitalization divided by the value of Eth They possess – have begun to normalize. Currently, these multiples are maintained above 1, a sign of trust and stability.

“I don’t see reasons for the Christmas multiple to fall below 1.0, since these companies offer regulatory arbitration opportunities for investors”Kendrick said.

The Executive highlighted the case of Sharplink Gaming (Sbet), backed by Consensys and the co -founder of Ethereum, Joe Lubin. This firm, which was one of the first to adopt Eth As a corporate reserve, he has seen how his multiple NAV It stabilized recently just above 1.

Beyond ETF: Staking and growth of Eth By action

Unlike American ETFs of Ethereum, that they cannot perform or take advantage of products Defi, Treasurers do have access to these tools. This allows them not only to benefit from the appreciation of the price of Ether, but also generate additional performance and increase the Eth by action in its structure.

Kendrick said these characteristics make the value proposition of the treasurers of Eth Be more solid and with greater growth potential against regulated ETFs.

In addition, since June, these types of companies have bought the equivalent of 1.6% of the entire Eth In circulation, matching the purchasing pace observed in the ETFs during the same period.

In a previous report, Kendrick projected that these companies could accumulate up to 10% of the entire supply of Eth, which would represent an increase of ten times with respect to their current holdings.

This phenomenon reminds the corporate boom of Bitcoin led by Strategy, But Kendrick suggests that the rhythm of adoption of Ethereum It will be more accelerated. The reasons: greater institutional acceptance of cryptoactives as corporate reserves and the ability of Eth to generate yields through internal protocol mechanisms.

Among the outstanding companies Figure Bitmine (BMNR), which is currently the biggest treasurer of Eth and aims to accumulate 5% of the entire supply of cryptocurrency.

Expectations for results of Sharplink Gaming

Kendrick anticipates that the gain report of Sharplink Gaming corresponding to the second quarter – previso for August 15 – could offer more clarity about the state of this nascent sector of business digital assets.

According to market data, the price of Eth Round the USD $ 3,650, with a gain of approximately 2% in the last 24 hours. This reinforces the attractiveness of the asset as a dynamic corporate reserve.

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

Subscribe to our newsletter