In a plot twist worthy of a Dostoevsky fever dream, a cadre of Asian crypto oligarchs has declared their intent to conjure a $1 billion Ethereum trust fund faster than you can say “blockchain alchemy.” The masterminds? A consortium of digital-age tsars who apparently missed the memo that Ethereum is currently trading lower than a limbo contest at a blockchain-themed circus.
Ethereum (ETH) daily (1D) price chart, as of October 17, 2025 | Source: TradingView
Leading the charge is Li Lin, the crypto-legend-turned-financial-illusionist who birthed Huobi before vanishing like a magician’s assistant. Now chairing Avenir Capital, he’s joined by Shen Bo (Fenbushi Capital’s answer to a venture capitalist), HashKey’s Xiao Feng (Hong Kong’s licensed crypto-whisperer), and Meitu’s Cai Wensheng – a man who’s backed crypto projects with the same enthusiasm others collect vintage stamps.
These gentlemen, who once championed Ethereum when it was still learning to walk in 2015, now seek to create a “regulated vehicle” for Ether exposure. Because nothing says “regulation” like a bunch of crypto pioneers playing financial Jenga offshore, right? 🎲
“According to sources that definitely aren’t just guessing on Twitter, these blockchain veterans are building a trust that will magically accumulate digital assets while avoiding regulatory scrutiny…”
– Wu Blockchain (@WuBlockchain) October 17, 2025
Meanwhile, Ethereum itself is currently gasping for technical analysis like a fish out of water, clinging to hopes of a $7,000 miracle while trading below $3,800. The charts resemble a nervous tic, with ETH consolidating below its 50-day moving average longer than your grandma’s fruitcake lasts at Christmas.
Analysts predict this trust fund could either save Ethereum or doom it to bear market purgatory. The $1 billion war chest might as well be Monopoly money for all we know – though at least Monopoly bankers don’t wear crypto blazers. 🕴️♂️
As the plot thickens thicker than borscht, one question remains: Will these digital titans succeed in their grand scheme, or will their trust fund join the graveyard of crypto dreams? Stay tuned for the next episode of “Ethereum: The Soap Opera.” 🚀🌕
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2025-10-18 03:13