#机构疯抢以太坊 【Three Major Signals Behind Institutional Frenzy for Ethereum】Recently, Ethereum has become a target for institutional investors, with giants like Grayscale and ARK continuously increasing their holdings. This phenomenon reflects three major market trends: first, the deflationary mechanism and proof-of-stake (PoS) transition brought by the ETH 2.0 upgrade make it a "digital bond" with more practical value than Bitcoin; second, the explosive growth of the DeFi and NFT ecosystems has made Ethereum an important infrastructure for institutional allocation of crypto assets; third, the regulatory framework is gradually becoming clearer, and the launch of Ethereum futures ETFs in the U.S. paves the way for traditional capital to enter. However, it should be noted that institutional entry is often accompanied by increased volatility, and retail investors need to rationally view the short-term price frenzy and focus more on Ethereum's infrastructure value in the Web3 era. (150 words)