💼 Institutions Favor ETH Treasury Firms Over ETFs
Standard Chartered’s Geoffrey Kendrick says ETH treasury companies offer better value than US spot ETFs due to higher NAV and staking benefits.
🧠 These firms hold 1.6% of ETH — equal to ETFs — and provide regulatory arbitrage and DeFi exposure.
📈 ETH rose 3% as it eyes the $4,100 breakout point, possibly confirming a bullish trend.
💰 BitMine (BMNR) & SharpLink (SBET) lead holdings with 833K+ and 521K+ ETH.
