🔷Vitalik Buterin has warned that rapid ETH accumulation by large institutional players may pose a structural threat to the ecosystem. He argues that growing Wall Street influence risks alienating developers who value Ethereum for its openness and decentralization — not for serving the needs of traditional finance.
🔷Another concern is the potential for lobbying protocol changes that benefit major stakeholders but harm everyday users. With BlackRock preparing a new staking-focused ETF, Buterin urged the community to refocus on Ethereum’s core principles: global accessibility, censorship resistance, and independence — values that underpin the network’s long-term resilience.