Point72's AI hedge fund has assets exceeding $2 billion, according to the Wall Street Journal.

Steve Cohen's Point72 has made a smart move, with the AI fund ballooning to $2 billion, reflecting institutional hype around AI + crypto.

Coupled with the news of the backdoor in the H20 chip from Yuyuantan, this fund may avoid risk zones. However, the crypto market is even more vibrant, with ETH DeFi TVL at $91.2 billion, and this week BTC ETF net inflow at $250 million, capital is pouring in.

In connection with Arthur Hayes increasing his stake in HYPE by 1.8 million, the celebrity effect is boosting sentiment.

In the future, AI funds may indirectly benefit the ETH ecosystem. If ETH breaks new highs, DeFi projects like Pendle with a TVL of $8 billion will see significant progress. It is recommended to allocate to AI-related altcoins, don't miss the opportunity.