TOM LEE EXPECTS A HUGE INSTITUTIONAL ROTATION INTO CRYPTO IN Q4
@fundstrat believes institutional investors remain significantly underexposed to crypto despite its strong performance:
- Financial institutions are recommending crypto allocations ranging from 2% to 10%, yet the vast majority of institutional investors still have no exposure
- Ethereum ethereum:native surged 65% in Q3, while the S&P 500 $SPX was roughly flat, according to Lee
- With institutional allocations still low, Lee expects a massive rotation into crypto during the fourth quarter