Altcoins News
By James Thorp
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Treasury Firms vs. ETFs: The Emerging Choice. In a recent statement to BeInCrypto, Kendrick emphasized that Ethereum treasury firms—public…
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The Rise of ETH Treasury Companies. Treasury firms began emerging in stealth mode earlier this year and have rapidly expanded their…
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Spot Ethereum ETFs Face Mixed Signals. While Ethereum treasury firms gain ground, U.S.-based Ethereum spot ETFs have experienced a…
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Why Institutions Are Pivoting Toward Treasury Firms. Kendrick’s endorsement of Ethereum treasury firms reflects broader institutional sentiment.
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Investor Focus Turns to SharpLink’s Earnings. All eyes will be on SharpLink Gaming’s Q2 earnings report, scheduled for August 15.
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Conclusion: A New Phase in ETH Investment Strategy. Standard Chartered’s support for Ethereum treasury firms signals a possible turning point in the…
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Standard Chartered has stirred the Ethereum investment landscape by backing Ethereum treasury firms over traditional U.S. spot ETFs.
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Kendrick’s comments come amid rising volatility in Ethereum ETFs and the rapid accumulation of ETH by publicly traded companies, signaling a possible shift in institutional…
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In a recent statement to BeInCrypto, Kendrick emphasized that Ethereum treasury firms—public companies that hold ETH on their balance sheets—are becoming a better investment…
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He noted that over the past two months, these firms have accumulated about 1.6% of Ethereum’s total circulating supply—on par with spot ETFs over the same period.
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“I see no reason for the NAV multiple to go below 1.0,” Kendrick said. “These firms offer regulatory arbitrage for investors.
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The NAV multiple measures how the company’s market cap compares to the value of ETH it holds. A multiple above 1.
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In July alone, these companies purchased 545,000 ETH—worth around $1.6 billion. SharpLink Gaming reportedly led the charge, adding 50,000 ETH and bringing its total to over…
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Other key players in this space include BitMine Immersion Technologies, Bit Digital, and Coinbase.
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While Ethereum treasury firms gain ground, U.S.-based Ethereum spot ETFs have experienced a rollercoaster month. After seeing record inflows of $5.
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