Huo Xing Cai Jing reports, according to BeInCrypto, Tom Lee, Co-Founder of Fundstrat and Chairman of Bitmine, stated that AI capital is rotating from the memory chip sector into Ethereum. Citing data, he noted that Ethereum’s relative performance versus 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 pointed out 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% Relative Outperformance
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Summary
Fundstrat’s Tom Lee says AI capital is shifting from memory chips to ETH, with Ethereum outperforming DRAM by 72% since June 25. ETH price rose 24%, while DRAM fell 38%. Institutional interest in ETH is growing, fueled by products such as BlackRock’s tokenized BUIDL fund and Robinhood Chain. Altcoins remain under observation, but Ethereum’s performance is attracting strong attention.
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