Tom Lee, Fundstrat co-founder and recent BitMine Immersion Technologies Chairman, has crowned Ethereum (ETH) as a “truly neutral chain” set to become Wall Street’s blockchain of choice.
With rising adoption, stablecoin growth, and real-world asset tokenization, Lee believes ETH could soar to $10,000–$12,000 by the end of 2025.
Ethereum: The Wall Street Top Choice
Speaking at the Korea Blockchain Week 2025, Lee said Ethereum’s neutrality makes it stand out from other networks as it doesn’t tilt in favor of anyone. According to him, this neutrality is exactly what big financial institutions want.
Institutional interest in Ethereum is accelerating rapidly. According to an Ernst & Young and Coinbase survey conducted in early 2025, 86% of institutional investors already have or plan to allocate funds to digital assets this year, with Ethereum ETFs and tokenized assets leading the charge.
US-based spot ETH ETFs hit an all-time high monthly inflows in July 2025, showcasing a strong appetite among large-scale investors.
With the Trump administration showing stronger support for digital assets, Lee observed that U.S. policymakers are already leaning toward Ethereum as their top choice of blockchain.
BitMine Holds 2% of the ETH Total Supply
Backing up his words with action, Lee turned BitMine into a full Ethereum treasury company. BitMine now controls more than 2% of Ethereum’s total supply, holding nearly holds around 2.4 million ETH, valued at over $10 billion.
With this massive stash, BitMine has become the world’s largest corporate Ethereum treasury, strengthening its position as a major player in the crypto market.
Tom Lee: Ethereum Price Prediction
Tom Lee sees big gains ahead for Ethereum. He expects ETH to end the year between $10,000 and $12,000, with long-term potential reaching $15,000 or more. As of now, ETH is trading around $4177, reflecting a slight drop seen in the last 24 hours.
While Lee strongly favors Ethereum, he remains bullish on Bitcoin too. He expects BTC to close the year between $200,000 and $250,000, supported by a softer Federal Reserve stance and seasonal strength.