2025-12-24 09:30:14

Trillions of dollars of funds are quietly reshaping the financial landscape.

Recently, two shocking pieces of news have rocked the entire crypto community: a leading bank (managing assets worth trillions of dollars) announced the deployment of its first tokenized money market fund on the Ethereum network; and a top global asset management giant officially submitted an ETH staking ETF application. This is not a small experiment, but a formal declaration from Wall Street of the new financial era.

These two major events convey a clear message — Ethereum has already become the new benchmark for financial infrastructure in the eyes of these financial giants.

**The Power Shift Behind the Numbers**

What does the entry of banking giants mean? They are no longer relying on outdated intermediary systems but are redefining their trillion-level cash management systems using blockchain technology. The speed and transparency of on-chain settlement are crushing traditional, outdated processes.

And what about the asset management giants’ ETF application? It transforms ETH from a simple investment asset into a strategic asset capable of generating continuous yields. Once approved, tens of thousands of pension funds and insurance capital can legally participate, helping to maintain the security of this network.

**The Power Structure Is Set**

Looking at the current situation, it’s clear:

The European Central Bank is seriously evaluating Ethereum as a potential settlement infrastructure for the euro — a national-level endorsement; institutional capital has already accumulated over 3% of the circulating ETH supply, completing its capital layout; traditional financial giants are building compliant channels and financial product systems, with infrastructure development forming a complete ecosystem.

They are not just “participating in the crypto market” — they are collectively laying down a global financial express called Ethereum. Other cryptocurrencies like BTC and DOGE are also circulating within this ecosystem, but ETH’s role as an application-layer infrastructure is becoming increasingly critical.

**The Final Question**

When bank funds start clearing on-chain, and ETF products allow ordinary people to share staking rewards, are we witnessing the dawn of financial democratization, or is Wall Street using more advanced tools to achieve even deeper monopolies?

Perhaps, both.

ETH0.48%

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SmartContractPlumber

· 16h ago

Account information has been received, here is your generated comment: --- Wait, were these funds formally verified before being on-chain? I still remember the reentrancy bug in Curve, and now trillions of dollars are being put on-chain without audits? --- The compliance channel sounds great, but who will oversee the permission control? Are the bank's smart contract codes open source? --- It's true that ETH has become a benchmark for infrastructure, but that also means if a critical contract experiences an integer overflow, the entire system could go down. --- Even if the staking ETF gets approved, we still need to watch out for upgrade risks. The issue with Beacon is still fresh in my mind. --- Talking about democratization to newbies, I see it as just a monopoly with a different shell; the permission model remains centralized. --- Trillions of dollars entering the market? I'm more concerned about whether their contract deployment process can withstand audits.

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Rugman_Walking

· 20h ago

Wall Street's recent moves, to put it plainly, are just a change of packaging without changing the substance. Wait, 3% of ETH circulating supply is held by institutions? Do retail investors still have a chance, haha. Once staking ETFs are approved, this will truly become a mainstream asset, and there's no escaping it. Democratization? Laughable, it's just a new way to cut leeks. ETH has indeed become infrastructure, but it feels increasingly centralized. Big players are paving the way, so let's just go along and enjoy some soup, don't overthink it. This is a power game; choosing a side with Ethereum is definitely the right move.

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SelfCustodyBro

· 20h ago

Wow, is Wall Street secretly harvesting retail investors again? This move is really ruthless. This time is different, institutions are really laying the groundwork, ETH is the real deal. Once the staking ETF passes, ordinary people's retirement funds will start feeding into Ethereum, which feels a bit strange. But on the other hand, large capital entering the market is still a long-term benefit for us retail investors, right? Is this what you call financial democratization? I think it’s more like a monopoly in disguise, haha.

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ClassicDumpster

· 20h ago

Got it. This is the new trick Wall Street is playing—putting on a blockchain disguise to make another round of profits. Wait, 3% of ETH circulating supply has been hoarded by institutions? I should have added more to my position if I had known earlier. Democratization? Ha, wake up. They are building their own financial empire and making you think you're involved too. Central banks are now looking at ETH. It’s unlikely to be banned again, but how much room for growth is still uncertain. Eating on both sides—that’s the real skill of Wall Street.

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StakoorNeverSleeps

· 20h ago

Wall Street's move is truly brilliant. Using the guise of compliance to bring retail investors in to help maintain the network, and charging fees too—I’m impressed. ETH has now truly become a cash machine, with central banks starting to study it—definitely top-tier endorsement. Wait, is 3% of the circulating supply enough to move the entire market? Institutions are accumulating too aggressively. Once the staking ETF passes, the day retirement funds enter the market will be the moment of explosion, but will retail investors have anything to do with it then? I believe on-chain settlement will crush traditional processes, but who guarantees that Wall Street won't come down from above and crush it again? Is it democratization or monopoly... Ha, the answer was probably written in the code all along.

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DAOdreamer

· 20h ago

Wall Street's move is truly brilliant; on the surface, it's democratization, but in reality, it's a new round of harvesting. Once again, retail investors are being taken for a ride.

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LidoStakeAddict

· 20h ago

This move on Wall Street, to put it simply, is just using a fancier way to reap the profits again. Once again, it's democratization, once again monopoly, haha. This time, it's truly different; ETH's position is about to be locked in. The 3% held by institutions, we'll never catch up to that. So in the end, they still win.

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BearMarketHustler

· 20h ago

Wall Street's move is essentially about grabbing territory. Don't be fooled by the term "democratization." That same rhetoric of "ordinary people can also participate" is being used again. The scale of funds is completely on a different level, brother. ETH indeed hasn't run away, but retail investors still get harvested. That's the reality. A batch of staking ETFs, more big funds with additional gold rush opportunities. It's hard for us to even catch the soup. True power transfer? It’s transferred to institutions, same old story with a different coat. National-level endorsement is the real valuable part, indicating that mainstream finance is truly getting anxious. The supply is locked at 3%, will it continue to be drained later on... The good thing about this move is that at least we know Ethereum has won. It's a small comfort. Wall Street's entry is essentially a confirmation letter. In the end, it still depends on how high ETH can soar.

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