Li Lin, the founding father of crypto alternate Huobi, has set his sights on a $1 billion ETH treasury, a transfer that would make the initiative one of many largest accumulators of the cryptocurrency.
Abstract
- Huobi founder Li Lin plans to scoop $1 billion of Ether for digital asset treasury.
- Lin’s Avenir Group is amongst Asia’s largest spot Bitcoin exchange-traded funds holder.
- Ethereum continues to draw public corporations eyeing ETH as a treasury guess.
Lin, who can also be the chairman of Avenir Capital, a Hong Kong–primarily based funding group targeted on bridging conventional finance and digital belongings, plans to launch a brand new Ethereum belief in collaboration with a number of distinguished traders in Asia.
In accordance with Bloomberg, Lin’s household workplace seeks to affix forces with Fenbushi Capital co-founder Shen Bo, HashKey Group chief govt officer Xiao Feng, and Meitu founder Cai Wensheng. Collectively, the group of traders have fashioned a digital asset belief that may pursue an aggressive Ethereum (ETH) accumulation technique.
The fund has reportedly netted $1 billion in commitments.
Li Lin is committing $200 million via his Avenir Capital. In the meantime, a number of Asian institutional traders are reportedly able to guess $500 million on this enterprise. HongShan Capital Group is among the many prime corporations eyeing a foray right into a enterprise that will depend as one of many largest personal accumulations of the world’s prime altcoin.
ETH spot ETFs
Avenir Group is likely one of the prime gamers in relation to crypto spot exchange-traded funds in Asia. Certainly, since 2024, the Huobi co-founder’s agency has grown its spot Bitcoin (BTC) ETFs aggressively and ranks as one of many largest institutional holder of the asset. U.S. spot Bitcoin ETFs went stay in early 2024 after the Securities and Change Fee’s nod.
Asia’s first spot BTC and ETH ETFs launched in April 2024, with the belongings’ debut in Hong Kong coming amid an unprecedented issuance by three Chinese language corporations. The ETFs, which commerce on the Hong Kong Inventory Change, had been issued by China Asset Administration, Bosera Asset Administration, and Harvest International Investments.
SEC gave a greenlight to a number of spot Ethereum ETFs to begin buying and selling in July 2024.
Greatest ETH treasury corporations
The inflows into spot crypto ETFs jumped in 2025, with Ethereum at one level outpacing Bitcoin amid a fast enhance in publicly-traded corporations that launched ETH treasury methods.
In accordance with CoinGecko knowledge, there are presently 14 public corporations holding over $16.9 billion in ETH as a part of their treasury bets. With over 3 million ETH price greater than $11 billion, BitMine is the world’s largest company holder of Ethereum.
Others within the race to build up the altcoin are SharpLink, Bit Digital and ETHZilla.
