Bitwise asset management says He is rapidly ciming his place as a treasure asset.
The Digital Assets Treasury Bonds (DATS), once largely focused on Bitcoin, are now assigned Ether on a scale, creating a structural demand that exceeds the new net offer, the company said in a Monday report.
“The treasures ETH are no longer a parallel story. They are becoming a structural pillar in Crypto’s capital markets,” wrote the analyst Max Shannon.
According to Bitwise, that demand is reinforced by a real performance of the transaction rates and the maximum removable value (MEV), which deepens the ether shortage narrative.
The five treasury bonds, according to the firm, reflect a diverse set of strategies, from corporate accumulation and rethinking to the foundations that disiniate Ether to finance the development of the ecosystem.
This diversity highlights the dual identity of cryptocurrency as a reserve asset and a productive performance instrument, according to the report.
Looking towards the future, Bitwise expects the landscape to be consolidated, with Dat “Mega Whale” and “Whale” that dominate the flows.
Ether is forging a distinctive role, not only as a coverage or speculative game, but as a programmable treasure asset that links corporate finances with the economy in the chain, the report added.
Bitmine Immersion Technologies (BMNR), chaired by Tom Lee, said Monday that she now controls more than 2% of Ether’s supply and has raised $ 365 million to expand her holdings.
Read more: Bitmine de Tom Lee sells shares at $ 70 to raise additional $ 365 million for Eth Treasury
