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Bitwise Executive: Treasury Companies Solve Ethereum Narrative Dilemma
Summary: According to Cointelegraph, Bitwise Chief Investment Officer Matt Hougan stated that Ethereum treasury companies and holding companies have solved Ethereum's narrative dilemma by packaging this digital asset in a way that is easier for traditional investors to understand, attracting more capital and accelerating its adoption. Hougan explained that Ethereum has always struggled to clearly define ...
According to Cointelegraph, Bitwise Chief Investment Officer Matt Hougan stated that Ethereum treasury companies and holding companies have solved Ethereum's narrative dilemma by packaging this digital asset in a way that is easier for traditional investors to understand, attracting more capital and accelerating its adoption. Hougan explained that Ethereum has always struggled to clearly define its revenue model for traditional financial investors until its native token Ether (ETH) was packaged in a structure similar to a stock shell. He pointed out that in recent years, from a valuation perspective, ETH has faced a problem where Wall Street couldn't find a clear answer as to why it is valuable. Is it a store of value? Is it scarcity brought by a burning mechanism? Is it a source of income? Or is it staking rewards? No one could say for sure. However, if $1 billion worth of ETH is put into a company and used for staking, it will immediately start generating returns. Investors are very familiar with companies that can generate returns.
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