Several news and fundamentals regarding Ethereum $ETH at present.

First, American capital is trying to move some financial operations onto the blockchain, which requires a stable, decentralized underlying system that has never gone down, so it ultimately has to choose ETH. As a result, Layer 2 has become the main testing ground for institutions, with various operations running on it. This is beneficial for OP, ARB, ZK, METIS, SKL, and STRK.
Secondly, the POS mechanism is particularly friendly to institutions with large amounts of capital, such as giants like ARK and BlackRock, which can directly build nodes on a large scale. Not only can they reap staking rewards, but they are also looking forward to the on-chain dividends brought by the issuance of traditional assets like U.S. Treasuries in the future.
Thirdly, from a tax perspective, ordinary users holding ETH for the long term may face tax friction at the fund level, but the approach of institutions is different. Companies like MicroStrategy can defer tax payments through their financial report structure, treating ETH as a reserve asset while also optimizing their balance sheet liabilities.
Fourth, the analyst Tom Lee from South Korea directly compares the current ETH to Bitcoin in 2017. After the MicroStrategy model was validated, Wall Street began to view ETH as a real infrastructure value rather than a speculative product. As a result, institutions started to "buy it."