Ether {{eth}} Treasury companies are emerging in new playbooks. Cryptocurrency is treated not only as a protected asset, but also as yield-generating capital.
Over the past few months, several companies have announced etheric financial strategies to generate passive yields through ETH staking. These include Bitmine Immersion Technologies (BMNR) and Sharplink Gaming (SBET).
According to a report by Wall Street Broker Bernstein released Monday, the companies have built a Treasury department around the second-largest cryptocurrency, immersing their assets in order to capture operating profits while supporting the network’s financial base.
Bitcoin
Treasury ministries like Strategy (MSTR) are the treasury ministries that support liquidity and passive retention, with etheric treasury currently under 3%, historically in the 3%-5% range, but leaning towards boring yields, the report says.
The $1 billion etheric Treasury could generate yields of between $30 million and $50 million a year, Bernstein estimates.
But the income comes with complexity. Ethereum’s staking model provides yields to owners rather than miners, requiring active capital deployment and more intensive risk monitoring.
Unlike the highly liquid Bitcoin reserve of strategy, Ether Staking introduces liquidity constraints. Staking can take several days and create potential discrepancies during volatility.
The report shows that more sophisticated strategies are increasing, including restakes, distributed finance-based (DEFI) yields, smart contracts, and amplifying security risks. Financial managers need to balance yield optimization and institutional custody with risk infrastructure.
Still, Bernstein hopes to lead the Etheric Treasury to effectively manage these trade-offs.
Nearly 30% of the ether supply is staked and another 10% is trapped in DEFI, combined with ongoing ETF influx, this report suggests a strong structural demand for ETH in a nearby period.
Meanwhile, supply remains relatively flat. Analysts remain bullish about their ability to support etheric and treasury-scale capital strategies, as long as liquidity and risk are handled with discipline.
Read more: Analysts say ETH could reach $13k in Q4 as early as possible.
