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Corporate Treasuries Hold 1% of Ether Supply, Targeting 10% Ownership
Corporate treasury participation in ether has increased, with institutions now holding 1% of its circulating supply, as reported by Standard Chartered.
- Ether treasury holdings could rise to 10% over time.
- Buying pace matches inflows into spot ether exchange-traded funds (ETFs), which are seeing record demand.
- Companies like BitMine Immersion Technologies and SharpLink Gaming have introduced ether treasury strategies that generate passive yield through ETH staking.
- The influx of ETF and corporate demand has contributed to ether’s outperformance against bitcoin, with the ETH/BTC ratio increasing from 0.018 in April to 0.032 in July.
- Ether offers staking rewards of approximately 3% and decentralized finance leverage opportunities, providing an edge over bitcoin treasuries.
- Standard Chartered cites regulatory arbitrage as a factor making ether attractive for companies seeking to hold digital assets.
- The bank maintains its ether year-end price target at $4,000; it was trading around $3,830 at publication.