Joseph Shalom argues Ethereum generates corporate revenue through staking yields around 3%, while his debate partner prefers Bitcoin's fixed supply and decentralized nature. Shalom recommends holding both: Bitcoin as a store of value, Ethereum for broader technological change.
Approximately 3%.
October 13, 2025.
The reason why I think ETH is really, really interesting as a Treasury asset and potentially a better treasury asset is really for very simple fundamental reasons. It's productive. You can stake it easily earn 3% and that staked ETH is revenue in a public company. Public companies trade on forward valuations. Fundamentally, it's a productive asset.
There was actually an article in one of the leading papers in the UK that said, over my dead body would we do anything else. I don't believe in the pound, I don't believe in the dollar. It's what I believe in. I, I literally keep almost everything that I own in the world in, in Bitcoin or Bitcoin treasury companies. There's simply two qualities that I like about Bitcoin, which is the the fixed number that will ever exist and the fact that no one controls it.
I'm a maxi on tokenization. Bitcoin does one thing and it does it exceptionally well and I believe everyone should have it in their portfolio. But Ethereum is where the civilization level change is going to come from.
