Tom Lee: ETH Has Outperformed Macro Assets, Institutions May Add Positions in the Final Months of This Year

Odaily News: Bitmine Chairman Tom Lee stated that the company's total ETH holdings have now surpassed 6 million, a accumulation achieved in less than 15 months. Lee said Bitmine's holdings are approaching 5% of ETH's total supply, and the company has already seen the resulting synergies and network effects.

Lee also stated that the crypto market bull run began at the end of June, and there are still signs to confirm this; he believes institutional investors remain underallocated to crypto assets and are expected to increase their exposure in the final months of 2026. As of the third quarter to date, ETH has outperformed other macro assets by 6,728 basis points. (PRNewswire)