Li Lin Launches $1 Billion Ethereum Trust Targeting Institutional Investors

In a move aimed at expanding institutional crypto investments, Huobi founder Li Lin has launched a $1 billion Ether trust backed by key investors. This trust will focus on accumulating Ethereum and targeting those seeking exposure to digital assets through established financial vehicles. Li Lin’s expertise in the crypto market, honed through his experience founding Huobi and Avenir Capital, is expected to play a crucial role in this initiative.