Fundstrat’s Tom Lee Predicts a $15,000 Ethereum by Year-End, Calls It the “Biggest Macro Trade”

• Fundstrat projects Ethereum to hit $12K-$15K by 2025 on institutional adoption.
• Ethereum dominates 55% of the $25B real-world asset tokenization market.
• Corporate ETH accumulation, led by BitMine, could sustain long-term price growth.

The Wall Street research firm Fundstrat brought together a new forecast for Ethereum predicting the price to surge between $12,000 and $15,000 by the end of 2025. The firm is now calling ETH the “biggest macro trade” of the next decade, a bet it says is driven by a perfect storm of Wall Street adoption, new stablecoin regulations, and the growth of tokenized real-world assets (RWAs).

Wall Street and Regulation Set the Stage

Fundstrat’s chief, Thomas Lee, argues that Ethereum will play a central role in the blockchain economy for the next decade. 

He points to the new GENIUS Act, which creates clear rules for stablecoins, and the SEC’s “Project Crypto” as key regulatory developments that are accelerating institutional adoption. With most stablecoin and enterprise projects already building on Ethereum, its position as the leading smart contract platform is only getting stronger.

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