Is AI Money Rotating Into Ethereum? Tom Lee Points to 72% Gain

Crypto markets are buzzing over a fresh take from Fundstrat co founder Tom Lee, who believes capital from artificial intelligence investments is finding its way into Ethereum. Lee shared data showing that Ethereum outperformed the Roundhill Memory ETF by 72 percentage points over a recent period. While the memory chip fund dropped 38 percent, Ethereum gained 24 percent. Lee used a ratio chart dividing BlackRock's Ethereum ETF by the memory fund to highlight the shift.

The trend highlights a growing connection between traditional tech plays and digital assets. Wall Street firms are increasingly building products on Ethereum, including tokenized funds and institutional payment networks. Big investors are taking notice. Arthur Hayes recently added millions in Ethereum to his portfolio, and large holders are watching to see if this momentum continues.

At the same time, some analysts view the memory fund drop as a normal cool down rather than the end of the artificial intelligence boom. Memory chip prices could still rise this quarter due to tight supply. Traders should keep a close eye on upcoming chipmaker earnings and daily inflows into Ethereum exchange traded funds to see if this rotation is permanent.