Surprise Move from SEC-Approved Company: Sold All Altcoins and Switched to Bitcoin! Here's Why...

By: bitcoin sistemi|2025/05/02 18:00:01
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Investment advisory firm Two Prime made a surprising decision and announced that it sold its Ethereum holdings and switched to Bitcoin.We're Moving Completely From Ethereum to Bitcoin!Accordingly, the SEC-approved firm, Two Prime, stated that it will abandon Ethereum due to its memecoin-like behavior and insufficient price performance, while doubling its Bitcoin (BTC) allocation.“For the past six years, Two Prime, an SEC-registered investment advisor, has operated as one of the world’s largest digital asset derivatives firms by volume.Additionally, in the last 15 months, Two Prime has completed over $1.5 billion in loans, making it the second largest lender globally for BTC and ETH collateralized loans.Despite our success with ETH, we have decided as a firm to focus solely on BTC asset management and lending from now on.“ETH's statistical trading behavior, value proposition, and community culture have failed to capture traction beyond the point of being worthwhile. With BTC available as an alternative, the risk-reward ratio has taken precedence.”Ethereum (ETH) Is Acting Like A Memecoin!Two Prime noted that ETH is now behaving more like a memecoin rather than a predictable asset. The statement noted that ETH has been showing more signs of weakness since its independence from Bitcoin in Q1 2025, with the ETH/BTC ratio falling to its lowest level in five years given ETH’s lackluster price performance in 2025.The company also said that Ethereum did not show any signs of recovery after the declines and that investors did not buy the decline, indicating a lack of interest in the largest altcoin.For all these reasons, the company stated that it will exit ETH and focus entirely on BTC.“Ultimately, Ethereum's current scale and the remaining upside potential for global adoption make BTC a much better risk-weighted investment vehicle than ETH.”*This is not investment advice. Continue Reading: Surprise Move from SEC-Approved Company: Sold All Altcoins and Switched to Bitcoin! Here's Why...

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