Wall Street veteran analysts express optimism about Ethereum's prospects

Recently, a well-known Wall Street analyst has attracted widespread attention in the market due to his optimistic outlook on Ethereum. This analyst not only predicts that the price of Ethereum will reach $10,000 in the current market cycle but also participated in an important Ethereum treasury strategy.

The large-scale Ethereum treasury plan has attracted attention

A certain mining company recently announced a $250 million private placement plan aimed at funding its Ethereum treasury strategy. This move is similar to a well-known company's adoption of a Bitcoin treasury strategy, sparking enthusiastic discussions among investors. The company's stock surged significantly after the news was released, with an increase of over 1,000%.

This fundraising has received support from several well-known institutions in the cryptocurrency investment community. At the same time, the company announced the appointment of this Wall Street analyst as the chairman of the board. This analyst is the founder of a research institution and has maintained a positive attitude towards cryptocurrencies for a long time.

However, some analyses point out that although the crypto treasury strategy is a powerful narrative driver, it also brings new volatility risks. The company's future will be closely tied to the trends of Ethereum, and in this field, market sentiment can change very quickly.

Analysts are optimistic about the future of Ethereum

The analyst stated in a recent interview that he is optimistic about Ethereum because it is a programmable smart contract blockchain, and the rise of stablecoins will further drive its development. He mentioned a stablecoin company that has recently garnered attention, believing it has performed excellently.

Analysts point out that Wall Street is trying to give tokenized assets the attributes of stocks, while the crypto world is tokenizing stocks. He believes that stablecoins are a very good business model, effective for both consumers and merchants. However, these stablecoins must operate on the blockchain, and most stablecoin transactions occur on Ethereum.

He predicts that if the stablecoin market scales up by 10 times, it will lead to an exponential increase in Ethereum's transaction fees. He believes that Ethereum will be the direct beneficiary of Wall Street's attempts to give cryptocurrencies stock-like attributes.

Advantages of Treasury Strategies

When discussing the advantages of treasury strategies compared to directly purchasing Ethereum, the analyst presented five key points:

1. The potential to increase the amount of tokens per share
2. Lower capital costs and leverage opportunities
3. Arbitrage opportunities between market price and net asset value
4. The Possibility of Creating an Operating Company
5. The Potential of Creating Structured Put Options

He believes that these advantages make the treasury strategy a unique and potentially huge investment method.

Background of the Analyst

This analyst holds a Bachelor's degree in Economics from the Wharton School of the University of Pennsylvania, majoring in Finance and Accounting, and is a CFA charterholder. His career began in the early 1990s, and he has worked at several well-known financial institutions. In 2014, he founded his own research consulting firm and became the head of research at the company.

He is known for his deep insights into the market and accurate long-term forecasts, being the first major strategist on Wall Street to provide formal research on Bitcoin for clients. His analysis covers multiple aspects, including stock market predictions, market rebounds, specific stock reviews, and the impact of macroeconomic factors on the market.

Despite sometimes being criticized for his optimistic market expectations, his supporters highly praise his institutional-level perspective and deep understanding of market trends. Recently, he predicted that the S&P 500 index would rise by 10% in 2025 and believes that the current market rebound, while positive, has not yet gained the trust of most investors.