ETH Will Continue to Surge with New Logic
Global asset management giant BlackRock is secretly boosting Ethereum! In its tokenized government bond fund BUIDL (with a scale of $2.9 billion), 92% of the money ($2.68 billion) is directly held in Ethereum. More critically, BlackRock holds $1 trillion in short-term bonds, and the on-chain ratio is currently less than 0.3%, leaving significant future potential akin to a 'gold mine'.
But here’s the problem: Ethereum's current security line is weak! As a POS chain, 34.65 million ETH is staked (accounting for 30% of the total), but hackers only need to spend $31.5 billion to control the network—this amount is even less than what BlackRock has deposited ($2.68 billion).
BlackRock's little calculation:
Madly issue Ethereum ETFs, buy up ETH to drive prices higher; pressure regulators to approve 'staked ETFs', directly controlling more ETH staking rights; ultimate goal: lock vast traditional assets with the ETH network, causing the scale of on-chain government bonds to skyrocket.
Conclusion: If ETH doesn't rise, BlackRock's $2.68 billion becomes a 'live target'. This marriage of traditional giants and blockchain may be the most hardcore fuel for this round of the bull market.
