COINOTAG News on August 27 cited Bankless co-founder Ryan Sean Adams, who noted that Ethereum has lately displayed attributes consistent with a high-quality liquid asset (HQLA). Adams compared ETH to traditional safe-haven instruments such as US treasuries, gold and Bitcoin, arguing this evolving liquidity profile and market depth could facilitate access to TradFi capital. Market participants and institutional allocators may increasingly evaluate ETH as an institutional-grade investment, contingent on custody frameworks, regulatory clarity and sustained liquidity metrics.