Fundamental Global Inc, a Nasdaq-listed company, has filed a $5 billion shelf offering with the U.S. Securities and Exchange Commission, intending to use the majority of the proceeds to acquire Ethereum (ETH) for its treasury. The company has already deployed $200 million from a private placement to purchase 47,331 ETH, which it plans to stake and restake to participate in Ethereum-based real-world asset (RWA) and stablecoin yield strategies. Anchorage Digital will provide custody services, and Galaxy will act as the asset manager. Meanwhile, BlackRock has made multiple substantial purchases of digital assets, including 65,167 ETH valued at $271.8 million and 3,089 Bitcoin (BTC) worth $360 million, reinforcing its growing commitment to cryptocurrencies. Additionally, BlackRock recently acquired 32,936 ETH for $141 million on Coinbase and 1,800 BTC worth approximately $217 million. These moves by Fundamental Global and BlackRock highlight increasing institutional interest and investment in Ethereum and other digital assets.