Andrew Kang: Companies using ETH treasury strategies and Ethereum ETFs have the same goal
a day ago
Odaily News Andrew Kang, partner of Mechanism Capital, posted on the X platform that the future development of companies adopting ETH treasury strategies may be the same as that of Ethereum exchange-traded funds (ETH ETFs), with demand expectations far higher than reality, and most net asset values are expected to be significantly discounted by next year. Andrew Kang also forwarded his Ethereum ETF impact analysis published in June 2024, which pointed out that unless Ethereum develops a convincing path to improve its economic conditions, it will be difficult to be bullish.
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