Former ETH Foundation execs just dropped Ethereum Institutional — a new non-profit laser-focused on bringing institutions into $ETH.

Backed by Consensys CEO and other heavy hitters. They're positioning as the "neutral front door" for TradFi players sniffing around the ecosystem.

Translation: institutional capital has been asking questions. Now there's a dedicated team to turn those convos into actual on-chain deployments.

Bullish for $ETH infrastructure narrative. Institutions don't move fast, but when they do, they move size.