Standard Chartered: Ethereum Treasuries Dey Surpass ETH ETFs
Standard Chartered latest report don find say direct allocation to Ethereum treasury don pass as e dey give return pass ETH ETF since dem start. Analysts talk say corporate treasury wey hold ETH don make about 350% cumulative gain, but ETF na about 140% after dem collect fees. Report talk say cheaper management cost, staking rewards around 4–5% every year, plus less risk dey make am happen. Standard Chartered talk say if corporate still dey use Ethereum treasury like this, e fit make supply tight and push ETH price go $5,000 by end of year. Traders suppose dey watch how treasury money dey go and check staking yield gap to sabi when to trade.
Bullish
Standard Chartered support for Ethereum treasuries over ETH ETFs dey good for market. If companies put more money for ETH treasuries, e go lock supply, plus staking rewards and lower fees dey make am more attractive than ETFs. Dis one na like di BTC ETF inflows wey push price rallies for 2021. For short term, treasury inflows fit trigger positive price movement. For long term, corporate demand and staking yield spreads fit support steady ETH price increase.