PANews, June 20 – In response to Ethereum core developer Trent Van Epps' lengthy article stating that Ethereum is now entering a critical institutional turning phase, involving legitimacy distribution, governance structure evolution, and a potential protocol funding crisis, Tom Lee, Chairman of Ethereum treasury company Bitmine, responded that the likelihood of such a crisis occurring for Ethereum is zero, and wrote, "Funding secured."

Data shows that Bitmine has been increasing its Ethereum holdings weekly, with total holdings now exceeding 5.62 million ETH.