Institutional sentiment around Ethereum is shifting. A recent Standard Chartered report suggests that publicly traded companies holding ETH as a treasury asset may be a better investment than US spot ETH ETFs.

Here’s why:

💼 These treasury firms provide "regulatory arbitrage opportunities" and their NAV multiples have normalized above 1.

💰 Unlike US ETH ETFs, these companies can stake their assets and participate in DeFi protocols, offering investors staking rewards and higher potential for ETH per share growth.

These firms have already acquired 1.6% of the ETH supply since June, matching the buying power of their ETF counterparts. As ETH's price rises—up 3% yesterday—analysts are watching the $4,100 resistance level. A clean break could confirm a bullish pennant and signal further upside.

#ETH #Notcoin #BuiltonSolayer #Succinct #CFTCCryptoSprint $ETH $BTC