#ETH Fundstrat Global Advisors Chief Investment Officer Tom Lee recently predicted that Ethereum (ETH) will rise to $5,500 in the short term and reach a target of $12,000 by the end of the year. He pointed out that after the U.S. Senate passed the GENIUS Stablecoin Act, Wall Street institutions have significantly changed their attitudes toward Ethereum. Meanwhile, his initiated ETH fund management company BitMine continues to increase its holdings and currently owns $7.65 billion worth of ETH, with a large number of whales also making substantial purchases through OTC channels, leading to a strong bullish sentiment in the market.