• Tom Lee said the CLARITY Act could be the next major catalyst for crypto on Monday.

• According to Lee, the bill’s biggest impact would be creating a single federal framework for digital assets.

• Lee pointed to Ethereum’s recent strength, noting it has outperformed memory stocks by more than 70 percentage points since late June.

Fundstrat Managing Partner and Bitmine Immersion Technologies (BMNR) chairman Tom Lee revealed that the next major leg up for the cryptocurrency industry would be tied to the CLARITY Act, which he thinks could “open up the floodgates” for institutional adoption like never before. He also highlighted Ethereum’s sharp outperformance compared to memory stocks as evidence that…