#ETHCorporateReserves STANDARD CHARTERED: COMPANIES ARE ACCUMULATING ETH VERY QUICKLY, COULD INCREASE 10 TIMES
🔹Companies have purchased 1.26 million ETH (equivalent to about 1% of total ETH supply) in just 2 months, nearly matching the purchase of 2 million ETH from ETF funds during the same period. This is the strongest buying spree ever by ETH ETFs.
🔹Standard Chartered Bank predicts that treasury companies could increase their ETH holdings by 10 times, equivalent to 10% of the total circulating ETH supply.
🔹In comparison to Bitcoin, companies currently hold about 4.4% of the total BTC supply, with MicroStrategy alone holding nearly 3%.
🔹ETH treasuries have superior potential over Bitcoin treasuries due to the ability to earn rewards from staking (~3%) and access to the DeFi ecosystem, which U.S. ETF funds have not yet achieved.