Former Huobi CEO Launches $1 Billion Crypto Fund Focused on Ethereum

Li Lin's Billion-Dollar Bet on Ethereum

Former Huobi CEO Li Lin is spearheading a new $1 billion digital asset trust aimed at accumulating Ether (ETH). The initiative signals a strong belief in Ethereum's long-term potential, particularly as institutional adoption of crypto assets increases.

Key Takeaways:

• Massive Funding: The trust has already secured approximately $1 billion from investors, including HongShan Capital and Avenir Capital.
• Institutional Focus: The fund aims to offer regulated exposure to Ether, tapping into rising demand from institutional investors.
• Strategic Timing: The launch comes as the market anticipates potential approval of spot Ether ETFs in major jurisdictions.

Backed by Crypto Pioneers

Li Lin is collaborating with prominent Asian crypto investors, including:

• Shen Bo (Fenbushi Capital)
• Xiao Feng (HashKey Group)
• Cai Wensheng (Meitu Inc.)

These individuals are early Ethereum backers and bring significant experience to the venture.

A Regulated Approach

The Ether trust is planned to be structured through a Nasdaq-listed shell company, providing a regulated framework designed to attract institutional participation. This structure is expected to increase investor confidence and streamline regulatory compliance.

Ethereum's Institutional Future

Industry leaders are increasingly viewing Ethereum as a foundational layer for institutional finance. Its infrastructure, staking yields, and tokenization capabilities are driving the next wave of global financial innovation. With potential for on-chain fund issuance, greater interoperability, and clearer regulations, Ethereum is poised to dominate the decentralized finance (DeFi) and tokenized real-world asset spaces.

As Ethereum evolves towards scalability and compliance, renewed institutional confidence will likely drive significant growth and adoption.