Andrew Kang: Companies using ETH treasury strategies and Ethereum ETFs have the same goal

Odaily Planet Daily News Mechanism Capital partner Andrew Kang posted on the X platform that companies adopting ETH treasury strategies may develop in the same way as Ethereum exchange-traded funds (ETH ETFs), with demand expectations far higher than reality, and most net asset values ​​are expected to be significantly discounted by next year. Andrew Kang also forwarded his Ethereum ETF impact analysis published in June 2024, which pointed out that unless Ethereum develops a convincing path to improve its economic conditions, it will be difficult to be bullish.