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Andrew Kang: Companies adopting ETH treasury strategies and Ethereum ETFs are on the same path.
Odaily News Mechanism Capital partner Andrew Kang posted on the X platform stating that companies adopting the ETH treasury strategy may develop in a manner similar to Ethereum exchange-traded funds (ETH ETF), where demand expectations far exceed reality, with most net asset values expected to be significantly discounted by next year. Andrew Kang also forwarded his analysis on the impact of Ethereum ETF published in June 2024, which pointed out that it is difficult to be optimistic unless Ethereum develops a convincing way to improve its economic situation.