Ethereum News Today: Ethereum Treasury Firms Outperform ETH ETFs With 3% Yields and DeFi Exposure

Ethereum treasury firms are increasingly gaining traction among investors, positioning themselves as a more attractive alternative to U.S. ETH spot ETFs due to their staking capabilities and access to DeFi opportunities. According to recent developments, these firms offer yield generation features that U.S. spot ETFs cannot replicate, thereby enhancing their investment appeal and boosting net asset value (NAV) multiples above 1 [1].

Geoffrey Kendrick, global head of digital assets research at Standard Chartered, highlighted that the normalization of NAV multiples is a critical indicator of investor confidence. He noted, “Given NAV multiples are currently just above one, I see the ETH treasury companies as a better asset to buy than the U.S. spot ETH ETFs” [1]. This suggests a shift in investor preference, driven by the superior exposure to ETH appreciation and the ability to earn staking rewards through these firms.

Since June, Ethereum treasury firms have accumulated 1.6% of the total ether in circulation, matching the pace of U.S. ETH ETFs. Leading firms such as BitMine Immersion (BMNR) and SharpLink Gaming (SBET) now hold 833,100 and 521,900 ETH, respectively. Kendrick predicts that these firms could eventually hold as much as 10% of all ether in circulation [1]. This growth is supported by the increasing institutional interest in crypto reserve assets, further solidifying the role of these firms in the Ethereum ecosystem.

Unlike traditional ETFs, which are constrained by regulatory limitations, Ethereum treasury firms actively engage in staking and DeFi strategies, generating yields that are currently estimated near 3%. This regulatory arbitrage, as Kendrick described, gives investors a competitive edge in the market [1]. As the demand for crypto-based investment vehicles continues to rise, Ethereum treasury firms are emerging as a compelling choice for investors seeking enhanced returns and direct exposure to the underlying asset.

Ethereum treasury firms have demonstrated a clear performance advantage over U.S. ETH ETFs, particularly in terms of NAV multiples and yield generation. Their ability to combine staking and DeFi access with strong ETH accumulation positions them as a superior investment vehicle. With institutional adoption on the rise and NAV multiples stabilizing above 1, these firms are likely to play a central role in shaping the future of Ethereum-based investing [1].

Source: [1] Ethereum Treasury Firms May Surpass U.S. ETH ETFs with Staking and DeFi Advantages (https://en.coinotag.com/ethereum-treasury-firms-may-surpass-u-s-eth-etfs-with-staking-and-defi-advantages/)