Standard Chartered suggests a novel approach to cryptocurrency investment: foregoing Bitcoin ETFs in favor of shares in publicly listed companies that accumulate Ethereum (ETH). Their analysis indicates that these companies have collectively acquired 1.6% of the total ETH circulating supply since June. The bank highlights the NAV premium, hovering just above 1, as an attractive feature. Crucially, the potential for staking rewards and participation in the decentralized finance (DeFi) ecosystem through these ETH holdings adds considerable value. This contrasts with Bitcoin ETFs, which primarily offer exposure to Bitcoin's price movements without these additional income-generating opportunities. Investing in these companies provides indirect exposure to ETH's price appreciation, staking yields, and DeFi participation, potentially offering a more diversified and profitable investment strategy compared to solely relying on Bitcoin ETFs. Investors seeking crypto exposure may find this route more appealing. ```

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