<p>Bankless 的联合创始人 David Hoffman 在 X 上发布消息，宣布他已出售所有 ETH。这并不是普通投资者的止损决定。Bankless 成立于 2020 年，是英语区加密社区中最具影响力的以太坊内容平台。联合创始人清算其全部 ETH 持有并不是一个信号；而是一个旗帜的倒下。霍夫曼此前表示，他 99% 的资金都投入在以太坊上。他的文章《以太坊是股权》被无数粉丝分享和收藏，而他的播客和社区 “Bankless” 则让数百万人进入了以太坊的世界。今年 5 月，以太坊基金会的五位核心研究人员宣布离职。到 2026 年，真正理解和相信以太坊的人一个接一个地离开。</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469889_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="600" height="242" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469889_image3.png"/></p>
<h2>以太坊基金会 9 人离职</h2>
<p>这波辞职潮始于本月，到目前为止已经累计 9 人，其中 5 人</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469890_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="600" height="343" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469890_image3.png"/></p>
<p>更早之前，联合执行董事 Tomasz Stańczak 在任不足一年，5 名生态协调员 Trent Van Epps 和运营负责人 Josh Stark 的以太坊核心开发者人数从 2025 年 5 月的 225 人，降至 2026 年。</p>
<h2><strong>David Hoffman 与 Bankless 发生了什么</strong></h2>
<p>5 月 20 日</p>
<p>2025 年 Solana 的新开发者为 11,534 人，同比增长 83%，新开发者的增长率屡次超过以太坊。尽管以太坊仍然拥有整个链上最高的月活跃开发者数量，但其 2024 年的月活跃用户同比下降了 17%，使得增长故事愈发难以讲述。</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469892_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="600" height="268" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469892_image3.png"/></p>
<p>2021 年年底，全球 DeFi 的总锁仓价值接近</p>
<p>到 2026 年 5 月，以太坊 L1 加 L2 的总锁仓价值约为 780 亿至 1500 亿美元，占 2025 年年初全球 DeFi 的份额。</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469893_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="600" height="339" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469893_image3.png"/></p>
<p>与此同时，2026 年 4 月</p>
<p>ETH 对 BTC 的汇率目前徘徊在 0.0275，处于 10 月的低点，</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469894_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="600" height="375" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469894_image3.png"/></p>
<h2>机构和上市公司的拥抱</h2>
<p>截至 2026 年</p>
<p>黑石的 iShares 以太坊信托持有约，资产管理规模约为 65 至 72 亿美元；富达的 Wise Origin 以太坊基金持有约 118 万 ETH。4 月底，出现了连续 10 天的净流入记录，而在 5 月初，日净流入一度超过 1 亿美元。</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469895_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="600" height="405" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469895_image3.png"/></p>
<p>目前有 37 家上市公司持有 ETH</p>
<p>BitMine Immersion Technologies 一家持有超过 50 万枚；SharpLink Gaming、Bit Digital 等也在不断增加持仓并通过质押获得链上奖励。关于现实世界资产的代币化，全球链上 RWA 市场规模已接近 3000 亿美元，以太坊占据了 60% 至 65% 的份额。黑石的 BUIDL 基金已超过 24 亿美元，成为代币化美国国债市场中最大的产品；Ondo Finance 专注于代币化短期美国国债，其生态系统已超过 25 亿美元。以太坊质押总量超过 3600 万枚，占总流通供应量的 30% 以上。全球稳定币市场约 55% 在以太坊上运行。</p>
<p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469896_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469896_image3.png"/></p>
<h2><strong>传教士离开后</strong></h2>
<p>David 所出售的并不是以太坊网络，而是他的...</p>

ETHE

COIN

2 倍做多 Coinbase ETF - Leverage Shares

<p>Bankless 的联合创始人 David Hoffman 已经清空了他所有的 ETH 持有量，这标志着对这个有影响力的以太坊平台的重大转变。此决定是在以太坊基金会一波离职潮之后做出的，九名核心研究人员的离开引发了人们对该平台未来的担忧。尽管以太坊在开发者活动中目前仍占主导地位，但其月活跃用户同比下降了 17%。机构投资者仍然保持兴趣，像黑石和富达等公司持有大量资产，但随着关键人物的退出，整体情绪似乎正在发生变化</p>

<p>BanklessCo-founderDavid HoffmanPosted onX, announcing that he has sold allETH. This is not a stop-loss decision made by an ordinary investor. Bankless, founded in 2020, is the most influential Ethereum content platform in the English-speaking crypto community. The co-founder's liquidation of his entire ETH holdings is not a signal; it's the fall of a flag. Hoffman previously stated that 99% of his money is tied up in Ethereum. His article, &#34;Ether is equity,&#34; has been shared and collected by countless fans, while his podcast and community, &#34;Bankless,&#34; have brought millions of people into the world of Ethereum. In May, five core researchers from the Ethereum Foundation announced their departure. By 2026, those who truly understood and believed in Ethereum were leaving one by one.</p>
<div class="lb-trans"><p>Bankless 的联合创始人 David Hoffman 在 X 上发布消息，宣布他已出售所有 ETH。这并不是普通投资者的止损决定。Bankless 成立于 2020 年，是英语区加密社区中最具影响力的以太坊内容平台。联合创始人清算其全部 ETH 持有并不是一个信号；而是一个旗帜的倒下。霍夫曼此前表示，他 99% 的资金都投入在以太坊上。他的文章《以太坊是股权》被无数粉丝分享和收藏，而他的播客和社区 “Bankless” 则让数百万人进入了以太坊的世界。今年 5 月，以太坊基金会的五位核心研究人员宣布离职。到 2026 年，真正理解和相信以太坊的人一个接一个地离开。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469889_image3.png" alt="" original-src="https://img.jinse.com.cn/7469889_image3.png"/></p>
<h2>Ethereum Foundation9People leaving</h2>
<div class="lb-trans"><h2>以太坊基金会 9 人离职</h2>
</div><p>This wave of resignations startedMonth started, and by 5months have been accumulated9People, of which5</p>
<div class="lb-trans"><p>这波辞职潮始于本月，到目前为止已经累计 9 人，其中 5 人</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469890_image3.png" alt="" original-src="https://img.jinse.com.cn/7469890_image3.png"/></p>
<p>Even earlier, Co-Executive DirectorTomasz StańczakLess than a year in officeIn5Ecological coordinatorTrent Van Eppsand Head of OperationsJosh Starkat4The number of Ethereum core developers has increased from2025year5month225people, dropped to2026Year</p>
<div class="lb-trans"><p>更早之前，联合执行董事 Tomasz Stańczak 在任不足一年，5 名生态协调员 Trent Van Epps 和运营负责人 Josh Stark 的以太坊核心开发者人数从 2025 年 5 月的 225 人，降至 2026 年。</p>
</div><h2><strong>David HoffmanandBanklessWhat happened</strong></h2>
<div class="lb-trans"><h2><strong>David Hoffman 与 Bankless 发生了什么</strong></h2>
</div><p>5month20</p>
<div class="lb-trans"><p>5 月 20 日</p>
</div><p>2025YearSolanaNew Developers11,534, a year-on-year increase of 83%, with the growth rate of new developers repeatedly surpassing that of Ethereum. While Ethereum still boasts the highest number of monthly active developers across the entire chain, its monthly active users in 2024 have decreased by 17% year-over-year, making the growth story increasingly difficult to tell.</p>
<div class="lb-trans"><p>2025 年 Solana 的新开发者为 11,534 人，同比增长 83%，新开发者的增长率屡次超过以太坊。尽管以太坊仍然拥有整个链上最高的月活跃开发者数量，但其 2024 年的月活跃用户同比下降了 17%，使得增长故事愈发难以讲述。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469892_image3.png" alt="" original-src="https://img.jinse.com.cn/7469892_image3.png"/></p>
<p>2021At the end of the year, the worldDeFiThe total value of locked positions is close</p>
<div class="lb-trans"><p>2021 年年底，全球 DeFi 的总锁仓价值接近</p>
</div><p>To2026year5Month, EthereumL1AddL2The total locked position is about780Yizhi1500billion US dollars, accounting for the globalDeFishare from2025At the beginning of the year</p>
<div class="lb-trans"><p>到 2026 年 5 月，以太坊 L1 加 L2 的总锁仓价值约为 780 亿至 1500 亿美元，占 2025 年年初全球 DeFi 的份额。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469893_image3.png" alt="" original-src="https://img.jinse.com.cn/7469893_image3.png"/></p>
<p>Meanwhile,2026year4</p>
<div class="lb-trans"><p>与此同时，2026 年 4 月</p>
</div><p>ETHYesBTCThe exchange rate is currently hovering around 0.0275, at 10Monthly low,</p>
<div class="lb-trans"><p>ETH 对 BTC 的汇率目前徘徊在 0.0275，处于 10 月的低点，</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469894_image3.png" alt="" original-src="https://img.jinse.com.cn/7469894_image3.png"/></p>
<h2>Embrace of institutions and listed companies</h2>
<div class="lb-trans"><h2>机构和上市公司的拥抱</h2>
</div><p>As of2026Year</p>
<div class="lb-trans"><p>截至 2026 年</p>
</div><p>BlackRock'siShares Ethereum Trustholds about , the asset management scale is approximately65To72USD; Fidelity'sWise Origin Ethereum FundHolds about118Ten thousandETH. In late April, there was a record of 10 consecutive days of net inflows, and in early May, the daily net inflow once exceeded 100 million US dollars.</p>
<div class="lb-trans"><p>黑石的 iShares 以太坊信托持有约，资产管理规模约为 65 至 72 亿美元；富达的 Wise Origin 以太坊基金持有约 118 万 ETH。4 月底，出现了连续 10 天的净流入记录，而在 5 月初，日净流入一度超过 1 亿美元。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469895_image3.png" alt="" original-src="https://img.jinse.com.cn/7469895_image3.png"/></p>
<p>There are currently37listed companies holdingETH</p>
<div class="lb-trans"><p>目前有 37 家上市公司持有 ETH</p>
</div><p>BitMine Immersion TechnologiesOne ​​family holds more than 500Ten thousand pieces;SharpLink Gaming, Bit Digital] are also continuously increasing their holdings and obtaining on-chain rewards through staking. Regarding the tokenization of real-world assets, the global on-chain RWA market size has reached nearly $300 billion, with Ethereum accounting for 60% to 100% of it. 65% of the share. BlackRock's BUIDL fund has exceeded $2.4 billion, making it the largest product in the tokenized US Treasury market; Ondo Finance focuses on tokenized short-term US Treasury bonds, and its ecosystem has exceeded $2.5 billion. Ethereum staked amounts to over 36 million coins, representing more than 30% of the total circulating supply. Approximately 55% of the global stablecoin market operates on Ethereum.</p>
<div class="lb-trans"><p>BitMine Immersion Technologies 一家持有超过 50 万枚；SharpLink Gaming、Bit Digital 等也在不断增加持仓并通过质押获得链上奖励。关于现实世界资产的代币化，全球链上 RWA 市场规模已接近 3000 亿美元，以太坊占据了 60% 至 65% 的份额。黑石的 BUIDL 基金已超过 24 亿美元，成为代币化美国国债市场中最大的产品；Ondo Finance 专注于代币化短期美国国债，其生态系统已超过 25 亿美元。以太坊质押总量超过 3600 万枚，占总流通供应量的 30% 以上。全球稳定币市场约 55% 在以太坊上运行。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://img.jinse.com.cn/7469896_image3.png" alt="" original-src="https://img.jinse.com.cn/7469896_image3.png"/></p>
<h2><strong>After the evangelist left</strong></h2>
<div class="lb-trans"><h2><strong>传教士离开后</strong></h2>
</div><p>DavidWhat he sold wasn't the Ethereum network, but his...</p>
<div class="lb-trans"><p>David 所出售的并不是以太坊网络，而是他的...</p>
</div>

Bankless founder liquidates his ETH holdings; Ethereum's most loyal followers have all left.

- David Hoffman 宣布已出售所有 ETH，非普通投资者的止损决定。  
- 以太坊基金会核心研究员的离职潮持续，影响加深。  
- 全球稳定币市场约 55% 在以太坊上运行，市场规模显著。

CoinLive

Grayscale Ethereum Staking ETF

Coinbase

Bitwise Ethereum ETF

2 倍做多加密货币行业 ETF - Direxion

Fidelity Ethereum Fund

21Shares Ethereum ETF

IShares Ethereum Trust ETF

贝莱德

BitMine Immersion Tech

Sharplink

比特数字

BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

BITMINE IMMERSION TECNOLOGIES INC

Bankless 的创始人已经清算了他的 ETH 持有，以太坊最忠实的追随者们都已经离开