Jul. 21 at 6:53 PM
$ETHM 🚀 Why a Move to
$100 scenario is Plausible?
1. Massive Ethereum Exposure
• Backed by 400,000+ ETH (~
$1.5B) — if ETH moves to
$4,000+, the NAV of this entity balloons.
• DYNX becomes a public proxy for ETH staking + yield (which no major ETF currently provides).
2. Institutional Credibility
• Kraken, Blockchain.com, Pantera Capital, and more behind this — not a meme SPAC, but a structured deal.
• Andrew Keys (ex-ConsenSys) has real weight in Ethereum circles.
3. Thin Float, High Demand
• Tiny float (~22M shares), with much of the supply now in speculative or long-term hands.
• In a bullish ETH market, the crowd will pile in for exposure.
4. Narrative Power
• First-of-its-kind, Ethereum-native public company.
• Could become Wall Street’s “Ethereum Growth ETF”, even if unofficially. This deal makes
$BMNR look like child play.
$400M oppose to
$1.5B
$ETH.X
$ETCG Treasury.
