Huobi Founder Aims for $1 Billion ETH Treasury
Li Lin, the founder of Huobi, is planning a massive ethereum (ETH) treasury. His goal is to gather $1 billion worth of ETH. This move could make his initiative one of the largest ETH accumulators.
Lin, also the chairman of Avenir Capital, is teaming up with other big players in Asia. They aim to launch a new Ethereum trust.The group includes Fenbushi Capital’s Shen Bo, HashKey Group’s Xiao Feng, adn Meitu’s Cai Wensheng. Together,they have secured $1 billion in commitments. Lin is investing $200 million through Avenir Capital. Other Asian investors are ready to add $500 million. This venture could become one of the biggest private ETH accumulations.
Avenir Capital, Lin’s investment group, is a top spot Bitcoin ETF holder in asia.
Spot Bitcoin ETFs in Asia have grown since 2024. The U.S. SEC approved spot Bitcoin ETFs that year. Asia’s first spot BTC and ETH ETFs launched in April 2024. They trade on the Hong Kong Stock Exchange.
Spot crypto ETF inflows surged in 2025. Ethereum outpaced Bitcoin. Public companies launched ETH treasury strategies. BitMine holds over 3 million ETH,worth more than $11 billion. Other companies like SharpLink and Bit Digital are also accumulating ETH.
