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
$ 78,357.00
$ 78,357.00
2.8%
ethereumEthereum
$ 2,192.26
$ 2,192.26
2.91%
tetherTether
$ 0.999488
$ 0.999488
0.02%
xrpXRP
$ 1.42
$ 1.42
3.36%
bnbBNB
$ 659.61
$ 659.61
3.66%
usd-coinUSDC
$ 0.99981
$ 0.99981
0.01%

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bitcoin
Bitcoin (BTC) $ 78,357.00
ethereum
Ethereum (ETH) $ 2,192.26
tether
Tether (USDT) $ 0.999488
xrp
XRP (XRP) $ 1.42
bnb
BNB (BNB) $ 659.61
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.99981