The post Ethereum Could Repeat the Dollar’s Post-Gold Standard Boom appeared on BitcoinEthereumNews.com.

Lee’s comments come as VanEck filed for the first Lido Staked Ethereum ETF with the SEC, to give investors exposure to stETH. Despite the 17-day US government shutdown, several crypto ETF filings — including from ARK Invest and 21Shares — poured in. This means that there is still strong momentum in the sector and renewed confidence in Ethereum’s growing role in the economy. Ethereum Might Outshine Bitcoin BitMine chair Tom Lee reignited the long-standing debate about whether Ethereum could one day surpass Bitcoin in market dominance. This scenario is referred to as “the flippening.”  Speaking with ARK Invest CEO Cathie Wood, Lee drew a parallel between Ethereum’s potential rise and the US dollar’s ascent over gold after the 1971 “Nixon Shock,” when President Richard Nixon ended the dollar’s convertibility to gold. He suggested that just as Wall Street’s financial innovation cemented the dollar’s dominance in the decades after the gold standard was abandoned, Ethereum could benefit from a future where “everything becomes tokenized.” Lee explained that the abandonment of the gold standard made the US dollar “fully synthetic,” which led to fears of its potential collapse. However, instead of losing value, the dollar became the cornerstone of global finance, aided by Wall Street’s creation of financial instruments that amplified its utility.  Drawing the same analogy, Lee argued that Ethereum could become the “dominant” platform in the digital economy as tokenization spreads across assets like stablecoins, stocks, and real estate. “Dollar dominance is going to be the opportunity of Ethereum,” he said, and explained that Ethereum’s adaptability could make it the backbone of the tokenized world. Despite his bullish stance on Ethereum’s future, Lee also acknowledged that he is still very much a Bitcoin supporter, and clarified that his idea is still a “working theory.” Currently, Bitcoin’s market cap stands at…

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Filed under: News - @ October 17, 2025 9:22 am