Ethereum Undervaluation Seen as Institutions Acquire 4.9%
Standard Chartered’s head of crypto research, Geoff Kendrick, identifies Ethereum undervaluation as a key investment theme. His report shows that since June, corporate buyers have snapped up 2.6% of the ETH supply, and spot ETH ETFs account for another 2.3%, totaling 4.9% institutional accumulation. The bank forecasts this figure could double to 10%, underlining strong institutional buying pressure and potential supply squeeze. Although ETH briefly dipped below $4,500, Standard Chartered labels this level a strategic entry point, suggesting the market price remains below intrinsic value. The report also highlights Sharplink Gaming (SBET) and Bitmine (BMNR) as undervalued firms with direct exposure to Ethereum’s growth, offering equity-based routes into the crypto rally. This analysis positions Ethereum undervaluation as a catalyst for price appreciation in both the short and long term, driven by growing ETF inflows and corporate holdings. Traders may view this report as a bullish signal for ETH, prompting portfolio adjustments to capture the expected upside.
Bullish
Standard Chartered’s report on Ethereum undervaluation signals a bullish outlook. Similar to past episodes where institutional buying in Bitcoin and Ethereum via ETFs led to sustained price rallies, the current 4.9% supply accumulation and projected increase to 10% suggests stronger demand and supply constraints ahead. The $4,500 price dip flagged as an attractive entry point reinforces potential for a short-term rebound, as institutions and spot ETH ETFs continue purchases. In the long term, growing corporate holdings and ETF inflows could underpin a higher valuation baseline, reducing volatility and driving gradual price appreciation. Traders may respond by increasing ETH positions, anticipating further inflows and a market re-rating. This convergence of institutional buying, favourable entry levels, and undervaluation indicators historically aligns with bullish momentum in crypto markets.