Recently, I came across a pretty interesting piece of news—Sharplink CEO Joseph Chalom shared a rather disruptive viewpoint. This former BlackRock executive bluntly stated: Ethereum is very likely to become the underlying infrastructure of Wall Street’s future financial system.

To be honest, when words like this come from a seasoned veteran of traditional finance, they carry a completely different weight. Chalom spent many years at BlackRock, handling absurdly large amounts of capital, and the judgments of people like him often reflect the true instincts of institutional money.

But here’s the strange part—the news is clearly a major positive, yet ETH didn’t go up; in fact, it fell. The $3,400 support line now looks quite shaky. What exactly is the market playing at? Are the big players using this as an opportunity to shake out retail investors, or is there a hidden signal we haven’t deciphered?

**Chalom’s core argument actually hides institutional logic**

The “trust + security + liquidity” triad he mentioned may sound vague, but in reality, these are the hard indicators for major financial institutions to enter the space.

Institutional players are a different breed from retail investors. They’re moving tens of billions of dollars at a time, with an almost obsessive focus on risk control. When someone who’s been through the trenches at BlackRock publicly admits that “Ethereum has met these three criteria,” it’s basically sending a signal to peers: this track’s infrastructure is now mature enough to handle large-scale traditional capital.

In other words, those suit-and-tie veterans on Wall Street are seriously considering using Ethereum as the next-generation financial pipeline. This isn’t just “crypto hype”—it’s the capital flow weather vane quietly shifting.

But the current price action is indeed puzzling. A positive catalyst lands and the price drops instead; either the market had already priced in the news, or there’s a much bigger game being set up. Short-term volatility might be creating a better entry point, or maybe it’s testing the real strength of support levels.

The key is to recognize: when traditional finance starts to endorse a particular crypto asset, that signal itself is more worth pondering than any short-term candlestick chart.