Wall Street's actions are accelerating. While most people are still watching, those managing large assets have already begun to take action.

BlackRock has submitted a formal application for an Ethereum staking ETF. Do you remember the market's reaction after the approval of the Bitcoin spot ETF? If this application is successfully approved, it could very likely open a whole new door for Ethereum—allowing more mainstream investors to participate in a compliant manner.

At the same time, JPMorgan is not idle. The bank, which manages $40 trillion in assets, announced that it will deploy its first tokenized money market fund on the Ethereum network. What does this mean? It means that Ethereum is becoming the underlying infrastructure of the traditional financial world.

Analyst Tom Lee has recently reiterated his target price of $62,500 for Ethereum, and this time his prediction is backed by the actual actions of financial giants. This is no longer just a simple price prediction, but a collection of significant signals.

Essentially, this collective bet from Wall Street reflects not only optimism about the price of a particular asset, but the deeper logic is that vast amounts of value in the traditional financial system are migrating to the blockchain. Compliant ETFs, on-chain financial infrastructure, and institutional-level capital participation—these elements combine to paint a picture of a financial infrastructure shift that is currently taking place.

What do you think of the new changes led by traditional finance?