Which is better to buy: Ethereum ETF or ETH treasury stocks?
Standard Chartered’s Head of Digital Asset Research Jeff Kendrick Answers Questions About Stocks as a Better Investor эфириум-treasury companies or ETF.
According to Kendrick, ETF issuers and cryptocurrency investing firms have purchased about 1,6% of the ETH supply in the past two months, or 1,9 million coins worth $7 billion at the current exchange rate. This suggests that institutions are accumulating digital assets at a record pace thanks to an influx of capital from investors. But which instruments are the best to invest in?
To answer this question, Jeff suggested calculating the net asset value multiple of the companies by dividing the company’s capitalization by the value of the Ethereums stored on its balance sheet. If the resulting figure is greater than 1, then it is better to buy the company’s securities. Otherwise, he prefers ETH-shares.ETF.
Jeff Kendrick
Market capitalization of the largest эфириум- BitMine Immersion’s treasury is $4,3 billion and it holds $3 billion worth of ETH. GameSquare Holdings, which holds $37,4 million worth of ETH, has a market capitalization of $97,7 million. Accordingly, instead of эфириум-ETF It makes sense to purchase securities of these institutions.
The reason Kendrick advises investing in stocks is because they will go up in price faster than эфириум, and thanks to this, they will bring more profit. But we must not forget about the risks, because if the price of the cryptocurrency falls, the price of securities may collapse even more.
