#机构疯抢以太坊 is not a hype, but a substantial change driven by multiple key trends:

1. Strong entry of ETF funds, accelerating the capitalization of Ethereum.

2. Long-term strategic positions being built by listed companies, locking in ETH as a reserve asset.

3. Price surges and the underlying value of the network enhancing each other, creating a positive feedback loop.

This shift from "attention to allocation" is gradually transforming Ethereum from a purely cryptocurrency into a core component of institutional asset allocation, especially against the backdrop of the continued strengthening of DeFi, Staking, and asset tokenization application scenarios.