Home Bitcoin News ETH Outshines Bitcoin: 30x Returns in a Decade, Claims Ether Machine CEO

ETH Outshines Bitcoin: 30x Returns in a Decade, Claims Ether Machine CEO

ETH Outshines Bitcoin: 30x Returns in a Decade, Claims Ether Machine CEO
ETH Outshines Bitcoin: 30x Returns in a Decade, Claims Ether Machine CEO
  • Since 2015, Ether has made up to 30 times more profits than Bitcoin.
  • Ether Machine is a project that wants to dominate institutional ETH investing with a $1.5B reserve.
  • The institutional investors are becoming more powerfully convinced that Ethereum is the blockchain of tokenized assets.

Andrew Keys, the co-founder of Ether Machine, is causing ripples as he claims that Ethereum has surpassed Bitcoin in the last ten years, providing up to 30 times more payoffs to long-term investors. These returns were described by Keys, the leader of the newly-established Ethereum investment firm, in a recent interview and are part of the recent trend of Ethereum network being the preferred venue for large crypto-based wealth generation.

Source – X

According to Keys, Ether against Bitcoin has been improving materially over the last 10 years. In the past 10 years, since Ethereum began, you would be 50x richer [than you are now] [admittedly, the comparison is a bit unfair, since you had to own it since then]. He later revised it to 30x, pointing out that the comparative growth of ETH over BTC since the inception of Ethereum in July 2015 has been enormous, since Bitcoin was already priced at 280 and Ether was selling at close to 1.60.

Ethereum Staking and Institutional Momentum Drive New Era

Ether Machine plans to merge with Dynamix Corporation before its initial public offering (IPO), with the goal of being listed with more than 400 thousand Ethereum (ETH). This will become the biggest vehicle of institutional Ethereum exposure in terms of public holdings compared to other key treasuries. The company will offer active management of ETH funds, aiming at both institutional and retail clients and maximizing yield by staking and other methods.

Source – X

The network of Ethereum is starting to prove an unstoppable force in the tokenized asset space, with approximately 90% of all tokenized value being hosted on the network, just like Google dominates web search. Keys stated that this was further propelled by the recently signed GENIUS Act, which gives more tailwinds to Ethereum because most of the stablecoins are now being run on its infrastructure. Institutional allocation is also boosted by the fact that over 2.18 billion in weekly inflows have recently entered Ether ETFs due to regulatory certainty and expectations about new offerings in asset management.

Ether’s Performance: Outpacing Bitcoin’s Rise and Fueling Wealth Creation

Since it was introduced in 2015, ETH has gone up over 236,000 percent, as compared to Bitcoin, which rose 234 million percent since its early days, when it was trading below a cent. Nevertheless, the expansion of Ether is estimated on the basis of a significantly higher entry price and a more mature market, which is also a significant element in direct comparisons. Those who decided to invest in Ethereum at its initial stage and rode its multiyear waves would be much wealthier than their counterparts who invested in Bitcoin at the same stage, judging by the relative price of an asset at the moment of its release to the public.

Although the long-term gains of Ether are immense, it still remains to eclipse its all-time high in 2021 by 23%. Meanwhile, Bitcoin’s value has surpassed its previous high, increasing by 78% from its prior peak. This disparity, however, has not cooled Ethereum’s appeal. Market participants note that institutions are turning into ETH, with a belief in its future price appreciation and continued demand for ETH-denominated yield.

The release of Ether Machine, backed by a $1.5 billion treasury and the backing of influential funds such as Pantera Capital and Electric Capital, is well-placed to fill the growing needs of yield-generating Ethereum products and serve as a booster to the current movement of institutional capital to Ethereum.

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