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Tom Lee’s Ethereum treasury company BMNR will be included in the Russell 1000 Index tomorrow, with an estimated passive buy of $2.15 billion.
Tom Lee will continue to ATM, converting these passive buys into ETH purchasing power.
The market may repeat the 2022 script again: in the final few months of the bear market, altcoins led by Ethereum outperformed BTC, and in the cycle’s “last drop,” they did not break new lows.