Ethereum Rally Make ETH Treasury Stocks Jump 10%
On August 7, Ethereum climb 5.5% to $3,818, push record on-chain metrics—highest transaction volume for one year plus almost 30% of ETH wey dem stake—and cause pre-market gain reach 10% inside US ETH-linked treasury stocks like SBET, BMNR and BTCS. Analysts say the rally na because strong transaction volumes, higher staking levels and recent SEC guidance wey dey ease liquid staking, e spark debate between ETH treasury stocks and spot ETFs. Treasury stocks hold net ETH levels wey equal to ETFs but get regulatory, valuation and capital-structure advantages, Standard Chartered talk. SBET lead with normalized NAV multiples, strong liquidity and recent listing on Injective. Demand from institutions dey grow, e mean say people dey shift from passive Ethereum ETFs to more flexible ETH treasury stocks.
Bullish
Di report dey highlight how Ethereum price dey increase, record transaction volumes and staking rate dey rise, wey don make people wan buy ETH-linked treasury stocks. SEC don make liquid staking guide easy and institutions dey interested in flexible capital structures, wey mean say money go still dey flow enter ETH assets. For short term, momentum from on-chain activity plus pre-market gains go help push price go higher. For long term, more staking and institutions dey put money for treasury stocks pass ETFs, e mean demand go steady and network value go improve, wey show say ETH get better outlook.