According to the bank’s Head of FX and Digital Asset Research, Geoffrey Kendrick, buying shares in companies holding Ethereum on their balance sheets may offer more upside than U.S. spot ETFs.
Since June, firms adopting Ethereum as a treasury asset have acquired roughly 1.6% of the total ETH supply — matching the scale of holdings by newly launched ETH ETFs. Kendrick believes this shift makes Ethereum treasury stocks a compelling alternative for investors.
He points out that these companies now trade at just above net asset value (NAV), giving them an edge over ETFs by offering additional exposure to staking rewards and decentralized finance (DeFi) activity.
Kendrick further predicts that ETH holdings by public companies will continue to climb as more institutions explore crypto as a reserve asset. Given Ethereum’s potential to generate passive returns, he argues that these treasury-focused firms could grow faster and offer more value than ETF vehicles in the long run.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
The post Ethereum Treasuries Now Rival ETFs as Institutional Demand Grows appeared first on Coindoo.
