Tom Lee Projects $10,000 Ethereum Price as ETH ETF Inflows Surpass Bitcoin

Bitmine ‘s Tom Lee has predicted that the Ethereum price could reach $10,000 before the end of 2025. The bullish outlook comes as Ethereum ETF inflows surge well ahead of Bitcoin’s. This suggests a shift in institutional preference toward the altcoin.

Tom Lee Sets $10,000 Ethereum Price Target

Tom Lee, alongside Fundstrat’s Head of Digital Asset Research Sean Farrell, sees the Ethereum price hitting $10,000 by year-end. In a recent research analysis, they shared the rally could extend to $12,000–$15,000 under strong market conditions. 

This projection follows a period of impressive performance. The Ethereum price has gained more than 78% over the past eight weeks, far outpacing Bitcoin’s 15% rise in the same timeframe. Due to its dominance in powering institutional blockchain projects and stablecoins, Lee claims that Ethereum’s price growth reflects its status as “arguably the biggest macro trade over the next 10–15 years.”

As a result of legislative tailwinds like the GENIUS Act and the SEC’s “Project Crypto” push to shift traditional finance infrastructure onto blockchain, he observes that significant Wall Street initiatives are increasingly being built on Ethereum.

Notably, Fundstrat formally added Ethereum to its “Mag7 & Bitcoin” investment basket, highlighting its belief in the asset’s long-term upside. Year-to-date, the Ethereum price has risen 28%, outperforming Bitcoin’s 18%, and now sits within 6% of its all-time high.

Tom Lee also points to Bank of America’s Fund Manager survey, which shows just 9% of fund managers currently hold crypto, compared to 48% who hold gold. This suggests the sector remains in its early adoption phase. For exposure, investors can buy ETH directly, invest through ETFs, or look at Ethereum treasury stocks, such as Bitmine, SharpLink Gaming, and Ethermachine.

It is also worth mentioning that Bitmine, where Tom Lee serves as CEO, recently surpassed 1.15 million ETH in treasury holdings. This brought its treasury worth to over $5 billion at current prices.

The company has been building reserves rapidly since launching its treasury strategy earlier this year. Collectively, tracked Ethereum treasuries now exceed $15 billion, with SharpLink Gaming and Bit Digital also among the largest holders.

Ethereum ETF Inflows Outperform Bitcoin in Multi-Day Streak

Data shows that on August 13, spot Ethereum ETFs drew $729 million in net inflows, nearly triple the $86.9 million for Bitcoin ETFs on the same day. This marked Ethereum’s third straight day of outpacing Bitcoin in fund inflows, amassing $2.2 billion for ETH ETFs over three days versus $330.9 million for Bitcoin products.

Standard Chartered also joined the bullish predictions, lifting its year-end Ethereum price target to $7,500 from $4,000. As major drivers, the bank points to growing stablecoin usage, higher staking demand, and broader industry involvement. Its updated goal is almost 60% higher than Ethereum’s most recent multi-year peak.

Tom Lee’s $10,000 Ethereum price prediction no longer seems unrealistic given the record-breaking rate at which institutional capital is pouring into ETH ETFs and the improving market fundamentals.