Tom Lee Sees 50% Chance ETH Flips BTC on ETF Inflows

Fundstrat co-founder and BitMine chairman Tom Lee predicts a 50% chance that Ethereum (ETH) will flip Bitcoin (BTC) over the next five years, forecasting an ETH price of $60,000. Ether’s summer rally—up 92.5% year-on-year to $4,280—has been driven by record spot ETF inflows ($1.8 billion in July vs. $70 million for Bitcoin), expanding stablecoin issuance on Ethereum, and BitMine Immersion Technology’s pivot to amass 1.71 million ETH (aiming for 5% of supply). Institutional demand has drained ETH from exchanges to decade lows, while the EU explores issuing a digital euro on Ethereum and Solana (SOL). Yet ETH/BTC remains below its 2018–21 peaks, trading at 0.04 BTC per ETH. Challenges include uncapped supply, “Ethereum killer” rivals like Tron (TRX), and Bitcoin’s market-leading status. Lee’s bold call follows Michael Saylor’s recent legal challenges and highlights the growing gap between Ether’s spot ETF performance and Bitcoin’s entrenched dominance. Traders should watch ETF flows, treasury holdings, and regulatory developments for short-term bullish catalysts, even as ETH works to reclaim long-term parity with BTC.