We asked @arjunbhuptani his thoughts on institutional figures creating vehicles to accumulate ETH. "Institutional adoption has been a long time coming." "We've been saying it for 10 years and now it's actually happening." "We're crossing the chasm in terms of what is basically just ponzi for many organizations doing this for treasuries." "Normie retail and normie institutions are going to get wrecked at some point." "The market just has to learn that lesson."