GSR Raises Bitcoin Allocation, Cuts Ethereum Exposure in Core3 Portfolio 

GSR’s Core3 model portfolio held allocations of 44.1% to Ethereum, 36.5% to Solana, and 19.3% to Bitcoin as of Aug. 5, according to the firm’s latest portfolio update.

The portfolio lost 57.78% over the past year, compared with a 49.84% decline for an equally weighted basket of the three cryptocurrencies.

Year to date, Bitcoin was down 24.82%, while Ethereum had fallen 35.49% and Solana declined 40.21%.

GSR said it increased its Bitcoin allocation and reduced its Ethereum exposure as trading activity and market volatility eased.

Source: GSR