Tom Lee has definitely caught the Ethereum bug. You can tell that is where he has bet his money and it is his main focus. He isn’t shy about saying that he thinks Ethereum will be a better investment return over the next few years. A lot of Wall Street likes yield, so I honestly wouldn’t be surprised if he is correct, but Bitcoin is still the best.
Ethereum and Bitcoin is not an either/or proposition for many in the market, including Tom Lee. Lee himself supports both, calling Bitcoin "digital gold" while seeing Ethereum as the engine of the digital economy. The current market dynamic reflects this, with significant institutional inflows into both Bitcoin and Ethereum ETFs. While the "flippening" (Ethereum's market cap surpassing Bitcoin's) remains a talking point, both cryptocurrencies are attracting massive capital, driven by their distinct value propositions