BitMine showed an 80% correlation with ETH in Fundstrat’s comparison of 17 large-cap stocks.Lee expects tokenization and AI applications to support Ethereum’s performance against Bitcoin.BitMine held 5.82 million ETH, or 4.8% of the token’s supply, as of Aug. 16.US spot Ethereum ETFs attracted $365 million in July, compared with $205 million for Bitcoin funds.