JPMorgan’s New Ethereum Fund Tests Tom Lee’s $20K ETH Dream

JPMorgan Chase has launched a $100 million tokenized money-market fund on Ethereum (ETH), adding fresh Wall Street backing to the world’s second-largest blockchain. Ethereum is trading around $2,926, down -1% in the past 24 hours, with a market cap of $353 billion, while Bitcoin (BTC) changes hands at $86,782 (-0.5% on the day). The move lands just as high-profile strategist Tom Lee reiterates a bold call for ETH to reach $20,000 within a year, sparking a debate over how fast institutional tokenization can ...