Ethereum is being rapidly absorbed by traditional financial institutions.

To put it bluntly: $ETH has officially entered Wall Street mode.

Yesterday's disclosure from BMNR was also very straightforward - taking advantage of this dip to accelerate buying.

Wall Street's funding strategy is still the same: mainly arbitrage and liquidity.

But the key point is that this also indicates that ETH is already being treated as a compliant asset.

The large holdings of leading institutions are not only a vote of confidence in ETF liquidity but also an endorsement of ETH's long-term value.