Ether and ETH Treasury Companies Look Undervalued After Plunge: Standard Chartered’s Bullish Call
Standard Chartered drops bombshell: Ether and corporate ETH treasuries trading at fire-sale prices after recent market bloodbath.
The Undervaluation Thesis
Analysts spot rare opportunity as panic selling creates massive valuation gaps—smart money already accumulating positions while retail flees.
Treasury Play Unleashed
Public companies holding ETH reserves now trade at steep discounts to actual crypto assets on their balance sheets—basically getting their core business for free.
Banking's Ironic Twist
Traditional financial institution endorsing crypto assets? Guess even bankers recognize value when they see it—after years of dismissing the very technology disrupting them.
Market timing perfection: buy when there's blood in the streets, even if the blood is mostly from over-leveraged degens getting liquidated.
ETH ETF Flows Remained Strong Despite Sell-Off
Despite Monday’s market rout, which dragged ether (ETH) down 8% — about four times bitcoin’s (BTC) decline — investors in exchange-traded funds (ETFs) kept buying.
The funds saw about $444 million in inflows on Monday, led by BlackRock’s iShares ethereum Trust's (ETHA) $315 milllion, according to Farside Investors.
That followed $338 million in inflows for the group on Friday when ether was soaring following dovish Jackson Hole remarks by Fed Chair Jerome Powell.