Treasury companies solve Ether’s narrative problem, says Bitwise exec

Matt Hougan, Bitwise Chief Investment Officer, highlights the role of equity investment vehicles in clarifying Ethereum’s value proposition for traditional investors. By transforming Ether (ETH) into an equity-like format, it provides familiar income-generating features, making it more appealing to a wider audience.

However, Hougan warns that companies accumulating ETH must manage their debt carefully to avoid excessive risk. He assures that the likelihood of catastrophic liquidation within ETH treasuries is minimal, attributing this stability to the staggered maturity of corporate debts.