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
$ 62,859.00
$ 62,859.00
0.1%
ethereumEthereum
$ 1,871.24
$ 1,871.24
0.1%
tetherTether
$ 0.999245
$ 0.999245
0%
xrpXRP
$ 0.993846
$ 0.993846
0.4%
bnbBNB
$ 603.47
$ 603.47
1%
usd-coinUSDC
$ 0.999603
$ 0.999603
0%

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bitcoin
Bitcoin (BTC) $ 62,859.00
ethereum
Ethereum (ETH) $ 1,871.24
tether
Tether (USDT) $ 0.999245
xrp
XRP (XRP) $ 0.993846
bnb
BNB (BNB) $ 603.47
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999603