So, apparently, Tom Lee from Fundstart thinks the crypto bull market is just getting started, which is basically the financial version of saying, “Don’t worry, this is just the beginning of the chaos.” 🧙♂️💸
His reasoning? Traditional finance is still “reluctant” to embrace crypto. Oh, sure, because nothing says “excitement” like a 69% of Morgan Stanley execs not owning any crypto in 2024. By 2025, it’s 82%! That’s like a toddler saying “no” to cake-*still* early! 🍩📉
According to the Morgan Stanley survey, did not own crypto:
– 2024: 69%
– 2025: 82%This actually went up in 2025. This is a sign that it is still early in this crypto cycle
Tickers: $BMNR $GRNY
– Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) August 24, 2025
Morgan Stanley sounding on crypto?
Lee’s pointing out that European Morgan Stanley interns are basically the crypto version of a toddler who just learned the word “no.” 63% owned Bitcoin in 2022? Now it’s 12%? That’s like watching your best friend dump you for a guy named “Ripple.” 🤯💸
In fact, XRP is the only token that’s seen its ownership rates go up over the past two years (from zero to 5%). XRP: The Token That’s Like the Classmate Who Always Shows Up to Parties. 🎉
Prominent investor Dan Tapiero previously predicted that 2026 would be “a boom year” for cryptocurrencies. Boom? More like *boom boom boom*-like a firework in a pool. 🔥
Bitmine’s vast ETH holdings
Lee’s Bitmine, the biggest corporate owner of the flagship altcoin, has now surpassed a whopping $7 billion in total holdings. That’s enough to buy a small country… or at least a fancy yacht. 🏴☠️💸
ETH’s new record high
Ethereum recently hit yet another all-time high of $4,945. According to CoinGecko, which is basically the crypto version of a weather app. ☀️
The flagship altcoin is enjoying a massive rally due to strong corporate adoption as well as extremely impressive ETF flows. Corporate adoption? More like corporate *addiction*. 🚀
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2025-08-24 22:36