Recently, the Ethereum ETF treasury strategy has increased and many companies have started to buy $ETH.
While the Ethereum trend is expected to continue in the coming years, a new analysis has come from Standard Chartered.
Geoffrey Kendrick of Standard Chartered compared $ETH ETFs to public companies buying Ethereum.
Kendrick assessed that buying stocks of companies that buy $ETH is better than buying Ethereum ETFs.
According to Kendirck, Ethereum treasury companies have purchased 1.6% of all $ETH in circulation since June, and that amount is now on par with $ETH ETFs.
At this point, the analyst said treasury holdings are now very investable and present a stronger argument for investors than US spot Ethereum ETFs.
Kendrick noted that the net asset value (NAV) premiums for Ethereum treasury companies are now just above 1, making it a better buy option than US spot $ETH ETFs due to staking and DeFi exposure.
Kendrick added that $ETH treasury holdings are expected to grow faster due to the increased acceptance of cryptocurrencies by institutions as institutional reserve assets and $ETH’s ability to generate returns.
*This is not investment advice.