币界网报道:Andrew Kang, partner of Mechanism Capital, posted on the X platform that companies adopting ETH treasury strategies may develop in the same way as Ethereum exchange-traded funds (ETH ETFs), with demand expectations far higher than reality, and most net asset values are expected to be significantly discounted by next year. Andrew Kang also forwarded his Ethereum ETF impact analysis published in June 2024, which pointed out that unless Ethereum develops a convincing path to improve its economic conditions, it will be difficult to be bullish.