#ETH

Tom Lee (Fundstrat) stated on CNBC that he believes #ETH is the new #BTC, capitalizing significantly on the wave of stablecoin adoption.

His company BitMine recently raised $250M to purchase #ETH for its balance sheet. 🚀

Important for crypto adoption as institutional ETH buys signal confidence. Watch SEC decision on spot-SOL ETFs by 2025-07-31 for similar institutional on-ramps.

#BTC #CryptoAdoption #InstitutionalCrypto