Tom Lee Backs $250K ETH Target as ETFs Hit $96M Inflows, Price ~$2,314 Rangebound

Wall Street's Tom Lee endorsed a $250,000 long-term Ethereum price target from an Etherealize model, coinciding with spot ETH ETFs recording $96 million net inflows—the largest in two months—while price holds rangebound near $2,314 (down 1% in 24h). Coverage began April 23 when Fundstrat's Tom Lee first backed the report, which derives $250k by applying a $31.5 trillion monetary premium from gold and Bitcoin across ~121 million ETH supply, plus 2–4% staking yields. The bullish long-range forecast contrasts mixed short-term momentum, with upside potential above $2,500 toward $3,000.