Another major move is coming. A professional digital asset management firm announced an increase of 24,266 ETH holdings, bringing their total holdings to over 4.16 million ETH, which accounts for approximately 3.45% of the total ETH supply across the network, with a market value of about $12.9 billion. This is not a temporary measure but part of their long-term plan—the ultimate goal is to reach a 5% share of the entire network.

This institution is a bit different. The founder is a seasoned analyst from Wall Street, adopting a traditional publicly listed company structure (listed on the NYSE), raising funds through issuing stocks to buy and hold cryptocurrencies. This way, traditional investors can benefit from Ethereum's appreciation without directly touching crypto assets.

What's more interesting is that they have already staked over 125,000 ETH in the staking network to earn yields, currently with an annualized return of 2.81%, generating over a million dollars daily. They have upgraded from being simple "HODLers" to active participants in the Ethereum network. To further deepen this role, they are developing their own "Made in the USA Validator Network" plan, scheduled to launch in Q1 2026, aiming to reduce costs and strengthen compliance.

However, there are obstacles on the growth path. According to the company's articles of association, the shareholder meeting on January 15th must have over 50.1% of circulating shares in support to approve the expansion of authorized shares from 500 million to 50 billion. If this proposal does not pass, the authorized shares in hand will soon run out, and the ETH accumulation plan will inevitably be put on hold.

The founder's view is that Ethereum is gradually evolving from its positioning as the "world computer"...