LD Capital Founder Confident in Ethereum’s Future

Jack Yi, founder of LD Capital, maintains a strong bullish outlook on both Ethereum and its ecosystem tokens. He recently disclosed holding 100,000 ETH options, arguing that the Ethereum ecosystem is undervalued due to several contributing factors. Yi believes the ETH token itself is underestimated, anticipating its recovery in the coming bull market alongside an anticipated rise in the ETH/BTC exchange rate. He also highlighted the significance of projects with tangible revenue streams, user bases, and products for benefiting from traditional capital inflows once crypto policies ease. Furthermore, Wall Street funds have recently begun investing heavily in Ethereum, increasing their holdings significantly. LD Capital’s Trend Research division stands behind this bullish stance, currently holding 142,000 ETH with unrealized gains exceeding $42.35 million. This division published a report calling for a purchase at $1,400 and marking the first such report issued by institutional investors at that price point.