Ether Treasury Companies Explore Liquid Staking for Competitive Yield
- As of April, Grayscale’s ETHE showed net staking rewards of 2.26%, while native ETH staking yielded about 2.72% annually.
- Sharplink Gaming, the second-largest corporate Ether holder, reported generating approximately $30.8 million in staking rewards by March.
- BTCS Inc., the tenth-largest Ether treasury company, liquid staked around $8.8 million worth of ETH through Rocket Pool.
- Liquid staking allows Ether holders to stake their tokens while receiving transferable tokens for use in DeFi.
- Kean Gilbert from Lido emphasized that treasury companies may need to adopt active yield strategies beyond passive staking rewards.
Public disclosures indicate that several Ether treasury firms are utilizing liquid staking strategies to enhance returns amidst varying yield rates across products. This shift highlights the competitive landscape for Ether investments as firms seek innovative ways to attract investors.
With Sharplink generating significant rewards from both liquid and native staking, the adoption of these strategies could be crucial for Ether treasury companies aiming to outperform traditional passive offerings like ETFs.(Source)
