**[Tom Lee: Crypto Market Will "Bottom Out" in the Coming Weeks, ETH/BTC Ratio Expected to Continue Rising]** BlockBeats News, September 8 — Bitmine Chairman Tom Lee stated that as we enter the final month of Q3 2026, ETH has been the best-performing macro asset this quarter, outperforming the S&P 500 Index by 5,430 basis points (54.3 percentage points) as of last Friday. In fact, since June 30, the top three performing assets have been ETH, BTC, and SOL. Given the significant outperformance of crypto assets compared to other macro assets so far in Q3, this lays the foundation for institutional investors to further increase their holdings in crypto assets. As we approach the final months of 2026, we believe there are multiple positive catalysts in the market. These include the anticipated mid-September vote on the **CLARITY Act**. Additionally, South Korean investors have resumed buying crypto assets, shifting from AI stocks to the crypto market. The four-year cycle is expected to bottom out in the coming weeks. These factors will create conditions for the large-scale participation of institutional investors in crypto asset purchases during the final months of 2026, particularly driven by advancements in tokenization and agent-based AI. During crypto market bull cycles, the ETH/BTC ratio typically rises, primarily due to Ethereum's increasing usage compared to Bitcoin. Previous cycles have been driven by different narratives, including ICOs from 2017 to 2018, NFTs from 2020 to 2021, and stablecoins in 2025. In the upcoming crypto market cycle, the ETH/BTC ratio is expected to continue rising, driven by factors such as Wall Street's asset tokenization on blockchain and the use of blockchain by agent-based AI. [Original Link]