Tom Lee highlights Ethereum's role in Wall Street and AI settlement

Fundstrat co-founder Tom Lee stated that Ethereum (ETH) is emerging as the primary settlement layer for Wall Street and autonomous AI agents. Lee, who also chairs BitMine Immersion Technologies (BMNR), noted that Ethereum's recent resilience compared to other top-ten assets reflects its growing utility as financial infrastructure. While Bitcoin (BTC) and other major cryptocurrencies saw weekly declines, Ethereum maintained relative strength amid broader market volatility.