Key Notes

Vitalik Buterin supports ETH treasury companies but warns against excessive leverage.

Public companies now hold $11.77 billion worth of Ether, led by BitMine and SharpLink.

Analysts say ETH treasuries offer advantages over US spot ETH ETFs, including staking rewards.

Ethereum co-founder Vitalik Buterin voiced his support for the increasing number of Ether ETH $3 918 24h volatility: 5.9% Market cap: $472.90 B Vol. 24h: $37.91 B treasury companies, recognizing their role in expanding the cryptocurrency’s exposure to new crypto investors.

These companies, which buy and hold large quantities of ETH as part of their corporate strategy, offer an alternative for those who may not want to hold the token directly.

Are ETH Treasuries good for Ethereum?

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