Thomas Lee: ETH outperforms SPY by 6,519 basis points in 3Q

Thomas Lee: ETH outperforms SPY by 6,519 basis points in 3Q
ETH outpaces SPY by 6,519 bps

Thomas Lee highlights that ETH has outperformed SPY by 6,519 basis points so far in the third quarter, with about a week remaining in the period.

Lee also mentions that FOMO, or fear of missing out, may be building as this performance widens.

Lee previously discussed several positive factors expected to benefit cryptocurrencies as the year ends, pointing to increased optimism in an earlier analysis. He has also noted that the convergence of artificial intelligence and crypto could lead to stronger crypto markets by 2026, according to a recent report. These comments frame his latest observations on ETH’s strong relative performance this quarter.

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