$ETH has been the punchline of many jokes since the NFT euphoria days, even I’ve joked about it... But with its growing institutional adoption, I’m genuinely starting to get bullish on it again. Here’s why I think my $ETH bag might actually be heading to the moon: - Institutions are racing to become the “MicroStrategy of ETH.” Tom Lee (@fundstrat), a well-known Wall Street strategist and Fundstrat CIO, recently said he plans to create a public multi-billion dollar ETH treasury, aiming to establish ETH as a global reserve asset. - Sharplink @SharpLinkGaming, a Nasdaq-listed company, already holds ~$500M in ETH staked as lsETH, plus 25,312 ETH ($66M) with Figment validators - GameSquare (another Nasdaq-listed company) announced it completed its initial $5M ETH purchase (~1,800 ETH), with plans for a $100M ETH treasury strategy - Tom Lee recently stepped in as Chairman of BitMine Immersion Technologies, and the company simultaneously announced a $250M private placement to support its new ETH-focused treasury strategy, making ETH its primary reserve asset - Fidelity released a report stating ETH is not a tech stock, it’s a sovereign digital economy with its own GDP. That framing alone is next-level... - ETH staking ETFs are still pending approval (a major potential catalyst), but @RobinhoodApp just announced 6 hours ago that ETH and SOL staking is now live for U.S. users - ETH currently secures over 50% of all stablecoin market cap. With the success of $CRCL, more institutions and banks are preparing to launch their own stablecoins, and Ethereum is the obvious home for them. That means more incentive to buy and stake ETH to secure the network When I took a step back and looked at all this, I realized: ETH isn’t just a “major alt.” It’s evolving into a foundational digital economy. Fidelity literally called it that, and when institutions finally realize that ETH-backed treasury reserves are rocket fuel for stock prices (just look at BitMine’s 3,000% stock pump), they’ll all start piling in I’ve never sold my ETH bag, been holding it forever. And yeah, there were moments I wanted to. But right now? I’m starting to feel like I should actually buy more...