#以太坊投资机会 Seeing JPMorgan is launching a $100 million seed fund on Ethereum for tokenized money market funds, many people are getting excited. But I have to pour cold water on this — it’s not a magic key.

The involvement of traditional financial giants is indeed a positive sign, indicating that on-chain infrastructure compliance is being recognized. But what does this also mean? It means competition will intensify further, and the bonus period for small retail investors will be even shorter. I’ve seen too many people rush in upon hearing such news, only to get completely wiped out.

The key is to ask yourself a few questions: First, can this fund’s actual returns beat the risks? After big institutions enter, the expected returns of projects are often lowered because they seek stability and scale, not explosive growth. Second, what are the entry barriers? Usually, these products have minimum investment thresholds, and ordinary retail investors might not even have a chance to get in. Third, what is the purpose of tokenization? If it’s just a gimmick and fundamentally still traditional finance, then the risk-to-reward ratio becomes questionable.

My advice is: be optimistic about this trend, but don’t be swayed by emotions. Before entering, understand how your money makes money and how it could lose, and avoid repeating past mistakes.