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Keyrock 🔑🪨 Profile picture
Keyrock 🔑🪨
@keyrock
Keyrock is a global crypto investment firm offering industry-leading solutions in Market Making, OTC, Asset Management and Options for digital assets.
Nov 12 • 10 tweets • 4 min read
BTC’s long been the digital Store of Value, now Fidelity and VanEck say ETH belongs too. We dig in.

Our latest report, in collaboration with @glassnode, explores usage behaviour for BTC and ETH, and whether it aligns more with a Store of Value or Utility asset. Image Dormancy between BTC and ETH is diverging.

ETH’s long-term holders are mobilising their old coins at a rate that’s 3x faster than BTC’s long-term holders, signalling ETH's long-term holders are more willing to part with their coins, pointing to utility-driven behaviour. Image