Tom Lee: AI funding is rotating from memory chips to Ethereum, ETH outperforms DRAM ETFs by 72%

Comparatively, according to BeInCrypto, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, said that AI funding is rotating from the memory chip sector to Ethereum. Citing data, the relative performance of Ethereum and Roundhill Memory ETF (DRAM) has expanded to 72 percentage points since June 25 — Ethereum rose 24%, while DRAM ETF fell 38%

The DRAM ETF was launched in April of this year. It is the first fund to invest only in memory chip manufacturers. SK Hynix and Samsung together account for about 41% of the weight. The fund raised 6.5 billion US dollars in 27 trading days, setting the record for the fastest ETF issuance. Lee pointed out that BlackRock's tokenized BUIDL fund and applications such as Robinhood Chain are all built on Ethereum, which forms Ethereum's institutional bullish logic.