Bitwise Asset Management says Quickly cementing its place as a treasury’s asset.
Digital Asset Treasuries (DATS), which is once largely Bitcoin-centered, now assigns to Ether on scale, creating structural demand that exceeds Netto new offering, the company said in a Monday report.
“Eth Treasuries are no longer a side story. They become a structural pillar of Crypto’s capital markets,” wrote analyst Max Shannon.
According to BitWise, this demand of real yield from transaction fees and maximum extractable value (MEV), which elaborates the ether’s scarcity narrative.
The company, says the company, reflects a different set of strategies, from the companies ‘accumulation and efforts to foundations that depend on ether to finance a different set of strategies, from the companies’ accumulation and efforts to foundations that depend on ether to the financing of the development.
This diversity highlights Cryptocurrency’s dual identity as both a reserve asset and a productive, yield -bearing instrument, the report says.
Looking forward, Bitwise expects the landscape to consolidate, with “mega -whale” and “whale” dats dominant streams.
Ether cuts a characteristic role, not only as a hedge or speculative game, but as a programmable treasury’s asset that connects business financing with finance on the chain, the report added.
Bitmine Immersion Technologies (BMNR), President of Tom Lee, said on Monday that it now controls more than 2% of Ether’s supply and has raised $ 365 million to expand its stocks.
Read more: Tom Lee’s Bitmine sells shares for $ 70 to raise an additional $ 365 million. To eth treasury
