According to ChainCatcher, citing BeInCrypto, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, stated that AI capital is rotating from the memory chip sector into Ethereum. He cited data showing that Ethereum’s relative performance against the Roundhill Memory ETF (DRAM) has widened by 72 percentage points since June 25—Ethereum rose 24%, while the DRAM ETF fell 38%. The DRAM ETF, launched in April this year, is the first fund exclusively investing in memory chip manufacturers, with SK Hynix and Samsung accounting for approximately 41% of its weight. The fund raised $6.5 billion in just 27 trading days, setting a record for the fastest ETF launch. Lee noted that institutional bullish sentiment for Ethereum is supported by applications such as BlackRock’s tokenized BUIDL fund and Robinhood Chain, both built on Ethereum.
Tom Lee: AI Funds Shift from DRAM to ETH, 72% Outperformance Since June 25
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Summary
Fundstrat’s Tom Lee noted that AI capital is shifting from memory chips to ETH’s price. Since June 25, ETH’s price has risen 24% while DRAM has fallen 38%, creating a 72-point divergence. Institutional analysis of ETH includes BlackRock’s tokenized BUIDL fund and Robinhood Chain, reinforcing ETH’s bullish outlook.
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