Skip to content
- Ethereum Trust, worth $1 billion, was launched by Huobi founder Li Lin, with major Asian backers joining the initiative.
- Avenir Capital commits $200 million as Asian institutions pledge $500 million to expand large-scale ETH accumulation.
- The project could become one of the biggest private Ethereum holders, reshaping Asia’s crypto investment scene.
Li Lin, the founder of Huobi, is developing an Ethereum trust valued at $1 billion, which might be among the largest personal ETH treasuries in the world. His investment company, Avenir Capital, which is located in Hong Kong, is on the forefront. The project is based on the long-term accumulation of Ethereum supported by large Asian investors.
Bloomberg reported that the family office of Lin is collaborating with some of the most prominent firms in the Asian crypto industry. These are Shen Bo, the co-founder of Fenbushi Capital; Xiao Feng, CEO of HashKey Group; and Cai Wensheng, the founder of Meitu. They are collaborating to create a digital asset trust to invest in Ethereum at scale.
Avenir Capital Expands Crypto Reach with $1B ETH Fund
It has been reported that the trust has already procured $1 billion in total commitments. The Avenir Capital of Lin will provide $200 million. The institutional investors in Asia are contributing an additional $500 million. Hongshan Capital Group is also negotiating to join. This would transform the trust into one of the largest private holders of Ethereum in the world should it be finalized.
Avenir capital has an excellent track record of crypto investments. It has grown aggressively into Bitcoin spot exchange-traded funds (ETFs) since 2024. The company has become one of the biggest institutional Bitcoin holders in Asia. Its growth coincided with the launch of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission, which sparked worldwide interest in regulated crypto investment products.
Also Read: Japan’s Mega Banks Join Forces to Launch Yen and Dollar Stablecoins Revolution
Ethereum ETF Approvals Drive Surge in Institutional Inflows
Hong Kong was next after launching its own crypto ETFs. China Asset Management, Bosera Asset Management, and Harvest Global Investments launched the first spot Bitcoin and Ethereum ETFs on the Hong Kong Stock Exchange in April 2024. Subsequently, in July 2024, the SEC approved several spot Ethereum ETFs in the U.S., which provide institutional investors with direct exposure to ETH.
By 2025, there was significant growth in investor inflows in Ethereum-based funds. At some point, the inflows of ETH exceeded those of Bitcoin when public companies started to add Ethereum to their balance sheets. According to CoinGecko data, 14 publicly traded companies are currently holding more than $17 billion of Ethereum.
BitMine ranks first with over 3 million ETH, which amounts to over 11 billion dollars. Other significant owners are SharpLink, Bit Digital, and ETHZilla. Analysts believe that this is a growing corporate interest rate, which implies that there is confidence in the future value of Ethereum.
The Ethereum trust of Li Lin is a significant breakthrough of the Asian crypto market, amounting to $1 billion. It indicates an increase in institutional demand and makes Ethereum an important component of digital finance around the world.
Also Read: Ripple Acquires GTreasury for $1 Billion to Revolutionize Corporate Treasury Management
