Trend Research has increased its Ether exposure with a $35 million purchase, bringing total holdings to more than 601,000 ETH valued at roughly $1.8 billion. Blockchain data show the Hong Kong-based firm has financed part of its accumulation through stablecoin borrowing on decentralized lending protocols, reflecting a high-conviction strategy centered on Ethereum.
Founder Jack Yi said the firm remains committed to Ether accumulation, citing expectations of supportive regulatory developments, expanding on-chain finance, and broader adoption of stablecoins. Trend Research’s approach contrasts with more measured strategies used by other large corporate holders, as the firm has indicated it will continue buying regardless of short-term price volatility.
The move comes amid divergent institutional views on Ethereum’s near-term outlook. Some research firms have warned of potential drawdowns in early 2026, while data from blockchain analytics platforms show professional traders positioning cautiously. Trend Research’s continued buying highlights the growing divide between long-term strategic allocators and short-term market sentiment in crypto markets.