The crypto assets market is undergoing an unprecedented transformation. With the launch of the Ethereum ETF in the United States, traditional finance giants have shown astonishing buying enthusiasm, attracting over $1 billion in inflows in just one day.

The main players in this funding feast are financial industry leaders such as BlackRock and Fidelity. BlackRock leads with an astonishing $640 million, followed closely by Fidelity with an investment of $270 million, and even the smaller Grayscale fund has managed to attract $66.57 million against the trend. This scale and speed of investment inevitably evoke thoughts of "snapping up shares" in the traditional stock market.

The significance of this wave of capital flow is extraordinary. It represents the entry of long-term investors such as pension funds, sovereign wealth funds, and university endowment funds, rather than short-term speculation by retail investors. Once this type of capital enters, it typically adopts a long-term holding strategy. More importantly, the operational rules of ETFs require institutions to purchase and hold actual Ether, rather than derivative contracts. This means that a large amount of Ether will be locked up for the long term, potentially reducing market circulation and driving prices up.

Ethereum is undergoing an important identity transformation. In the past, it was often seen as another "alternative coin" outside of Bitcoin, frequently criticized for high transaction fees and scalability issues. However, the approval of ETFs has brought institutional recognition to Ethereum, allowing it to begin its journey towards the status of "digital gold 2.0."

Take BlackRock as an example. This financial giant, managing approximately $9 trillion in assets, invested $640 million in Ethereum ETF using only 0.007% of its assets. If BlackRock increases this ratio to 1% in the future, it would mean a massive influx of $90 billion into the Ethereum market.

This large-scale entry of institutional funds is not only an acknowledgment of Ethereum but also a significant endorsement of the entire crypto assets market. It may signify that crypto assets are gradually integrating into the TradFi system and could play a more important role in global asset allocation in the future.