Tom Lee, co-founder of Fundstrat Global Advisors, has stated that Ethereum is emerging as the new Bitcoin. Lee highlights Ethereum's growing utility and adoption in decentralized finance (DeFi) and non-fungible tokens (NFTs) as key factors driving its prominence. He suggests that Ethereum's expanding ecosystem and technological advancements position it as a leading force in the cryptocurrency market, potentially surpassing Bitcoin in terms of innovation and application.