🇺🇸 STANDARD CHARTERED: COMPANIES HOLDING ETH ON THE STOCK EXCHANGE MAY BE A BETTER INVESTMENT THAN ETH ETFs



Standard Chartered Bank believes that companies holding Ethereum are increasingly becoming a more attractive investment choice compared to spot ETH ETFs in the US. Here are the reasons:

🔹 These companies hold a large amount of ETH and their stocks are listed on the stock exchange. When purchasing their shares, investors will indirectly be exposed to the price fluctuations of Ethereum.

🔹 They benefit from an index called NAV multiple, which is the market capitalization divided by the value of the amount of ETH that the company holds. If this index is greater than 1, it indicates that investors believe the company is worth more than just the amount of ETH it holds, thanks to additional revenue sources such as staking or DeFi strategies.

🔹 The income from staking is a significant advantage. Unlike the ETH ETF funds in the U.S., such companies can stake ETH and earn a profit of about 3% per year, which current ETFs are not allowed to do.

🔹 Since June, companies holding ETH have purchased about 1.6% of the total circulating supply of ETH, equivalent to the buying pace of spot ETF funds. This trend could accelerate further, and it is forecasted that they could hold up to 10% of the total ETH supply in the future.
ETH8.32%
CHO2.96%
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