DeFi Intel

Investor capital shifts from AI memory-chip sto...

Tom Lee notes capital rotating from AI memory-chip stocks to Ethereum. BlackRock's ETHA ETF outperformed the Roundhill DRAM ETF by 72 percentage points from June 25 to July 21, as Ethereum rose 24% and the DRAM ETF fell 38%. Lee cites institutional adoption, including BlackRock's BUIDL fund and Robinhood Chain.

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