According to the firm’s CIO, most digital asset treasuries will either trade at a discount or disappear, with only the biggest able to trade at a premium.

bitcoinBitcoin
$ 84,657.00
$ 84,657.00
2.11%
ethereumEthereum
$ 2,685.29
$ 2,685.29
2.28%
tetherTether
$ 0.999908
$ 0.999908
0.01%
xrpXRP
$ 1.49
$ 1.49
3.1%
bnbBNB
$ 769.64
$ 769.64
1.07%
usd-coinUSDC
$ 0.999978
$ 0.999978
0.01%

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bitcoin
Bitcoin (BTC) $ 84,657.00
ethereum
Ethereum (ETH) $ 2,685.29
tether
Tether (USDT) $ 0.999908
xrp
XRP (XRP) $ 1.49
bnb
BNB (BNB) $ 769.64
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999978