Joseph Lubin, co-founder and consensy CEO of Ethereum, gave Eth Bulls something to chew. In a post on X, he praised Fundstrat’s Tom Lee for his vision for the future of finances and the role of Ethereum’s expansion in traditional institutions.
“Yes, ETH will probably be 100 times more from here. Probably more.”
Joseph Rubin agrees. Wall Street bets on Ethereum
As a pioneer in blockchain, Josefulvin is best known as the co-founder of Ethereum and the founder and CEO of Consensys, the largest web3 software studio. Using his deep financial roots as former Vice President of Goldman Sachs, Rubin has helped him develop Ethereum since 2014 as an outstanding platform for decentralized finance and smart contracts.
In response to Tom Lee’s bullish outlook, Rubin is forecasting earthquake changes in global finance. The Wall Street giant immediately runs validators, manipulates L2 and L3, writes smart contracts, and moves business infrastructure to Ethereum Rail.
For example, JPMorgan has been using Ethereum-based technology for permitted blockchain projects for nearly a decade, with an increasing number of major banks launching Stablecoin and Defi initiatives at Goldman Sachs, Onyx and Ethereum.
Since June 2025, finance companies including Bitmine Immersion and Sharplink Gaming have added 2.6% of all ETH to their reserves.
Combined with the influx of new ETH ETFs, institutional buyers account for almost 5% of Ethereum supply so far this year. Sharplink and Bitmine currently have more than $6 billion in ETH and are setting industry benchmarks for company recruitment.
Also, with approval from multiple Ethereum ETFs, asset managers like BlackRock and Vaneck have invested billions in their customers in ETH and marked them as the key digital assets to introduce a tipping point in hiring.
Why Ethereum? “Decentralized Trust”
Vanek’s CEO is recently called the Ethereum “Wall Street Token,” and Rubin argues that Ethereum’s potential for transformation stems from “decentralized trust.”
As legacy agencies move from fragmented, siloed infrastructure to unified distributed rails, staking es becomes both technical and economic orders.
“No one on the planet can guess how big and fast, exactly a distributed economy saturated with hybrid heu machine intelligence that runs on decentralized Ethereum trustware.”
In his view, L2 and L3 not only drive more use of the Ethereum base layer, but also “ETH is likely to be 100 times more from here”, and ultimately “flip the Bitcoin/BTC currency base.”
September is the toughest month in Ethereum
Ethereum’s burgeoning momentum won’t come without road bumps. September has historically been the toughest month in Ethereum, with an average return of -6.42% since 2016.
The combination of meteor summer gatherings (up 76% since the start of the year, almost 25% in August) and seasonal trends could potentially be pulled back in the coming months, particularly in macro sentiment, monetary policy, and profit acquisition, to weigh prices.
Still, the basics of bullishness remain. Net ETH inflows from institutions, stable rise in corporate finance holdings, rising yields from staking (~3% APY), and ongoing upgrades all offer stronger long-term outlook, as Rubin said.
“The only odd thing I have about what Tom is saying is that I keep telling him this. He’s barely bullish.”