Tom Lee, chairman of Bitmine (BMNR) and co-founder of Fundstrat, stated that Wall Street is quietly accelerating its layout in the crypto market. Due to its technical stability and legal clarity, Ethereum has become the preferred network for institutions driving asset tokenization. Lee believes that the current market is in a "mid-cycle" and not at the top, with institutions continuously buying BTC and ETH being the main reason for the rise. He predicts that if the Fed lowers interest rates in the coming months, Bitcoin will hit $250,000, with a target price for Ethereum at $15,000 (currently about $3,700). Bitmine currently holds 625,000 ETH, with a total asset scale of nearly $2.8 billion, aiming to accumulate 5% of the ETH supply. (CoinDesk)