‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy
Published . Updated .
Bitmine's total investments currently stand at $17.1 billion, and the company owns over 4.9% of Ethereum's circulating supply.
Directly affected
- CRCW Crypto
Named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- ETHA iShares Ethereum ETF
GA selected ETHA as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- FAS DIREXION DAILY FINANCIAL BULL 3X ETF
GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GGLL DIREXION DAILY GOOGL BULL 2X ETF
GA selected GGLL as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- METU DIREXION DAILY META BULL 2X ETF
GA selected METU as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Bitmine's total investments currently stand at $17.1 billion, and the company owns over 4.9% of Ethereum's circulating supply.
Source: The Block
How far iShares Ethereum Trust ETF (ETHA) has moved since 21 Sep 2026
Since the first closing price after “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy,” iShares Ethereum Trust ETF (ETHA) is +160.60%. The S&P 500 fund (SPY) is -0.88% over the same days, a +161.48% difference versus the market.
Who gains and who loses around iShares Ethereum Trust ETF (ETHA)
Companies carried with this story
- ETHA iShares Ethereum Trust ETF
iShares Ethereum Trust ETF (ETHA) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy.” Reason on file: GA selected ETHA as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FAS Direxion Daily Financial Bull 3X Etf
For “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GGLL Direxion Daily Googl Bull 2X Etf
Direxion Daily Googl Bull 2X Etf (GGLL) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy.” Reason on file: GA selected GGLL as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- METU Direxion Daily Meta Bull 2X Etf
In “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy,” Direxion Daily Meta Bull 2X Etf (METU) is linked, with no stored direction, medium confidence. Reason on file: GA selected METU as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- MSFU Direxion Daily Msft Bull 2X Etf
For “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy,” Direxion Daily Msft Bull 2X Etf (MSFU) is linked, with no stored direction, medium confidence. Reason on file: GA selected MSFU as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TECL Direxion Daily Technology Bull 3X Etf
Direxion Daily Technology Bull 3X Etf (TECL) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy.” Reason on file: GA selected TECL as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
iShares Ethereum Trust ETF (ETHA)
The 21 Sep 2026 story “‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy” names iShares Ethereum Trust ETF (ETHA) because of this story.
For iShares Ethereum Trust ETF (ETHA), the reason on file says GA selected ETHA as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Direxion Daily Financial Bull 3X Etf (FAS), is listed for a different reason: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: bull. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the iShares Ethereum Trust ETF (ETHA) price range
ETHA traded between 19.89 and 61.65 across 20 sessions. The latest close on file is 54.10. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93. GGLL traded between 94.85 and 111.19 across 20 sessions. The latest close on file is 98.86.
What the saved facts support for iShares Ethereum Trust ETF (ETHA)
46 out of 100
“‘Crypto bull market is underway,’ Tom Lee says as Bitmine nears 5% Ethereum supply target with 27,562 ETH buy” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.