As the price of ether suffered in the first quarter of 2025, the US -based investment advisor, TWO Prime, has reduced support for ETH and adopted Bitcoin -only strategies.
For the past 15 months, Bitcoin (BTC) and ether (ETH) loaned $ 1.5 billion in loans, and the two prime decided to abandon ETCH on May 1st to focus on BTC asset management and loans.
The two Prime said, “ETH’s statistical transaction behavior, value proposal, and community culture failed beyond the value to participate.
Since ETH has lost 45%of its value compared to the previous year, the company’s transition to the company’s Bitcoin -only approach, and some optimists speculate that ETH will potentially reverse the negative trend.
“Ether is no longer predictable”
“As an algorithm trading company, we value more data than the story,” he added.
In addition to the correlation from Bitcoin, ether is no longer predicted, and the two prime insisted:
“It is now traded like a meme, not a predictable asset. Even in the turbulence of Q1 2025, Bitcoin remained in basic actions, but ETH has seen several multiple standard deviation movements.”
The two prime then says that the asset is no longer predicted, “I create a headache for algorithm transactions and ethics.”
Founded in 2019 by Alexander Blum and MARC FLEURY, TWO PRIME is an investment advisory company registered with the US Securities and Exchange Commission. The company has provided transactions and loan services to both BTC and ETH for the past six years.
Community Fire: ETH bottom signal
The two prime critical references to ethers were to quickly trigger the community’s response, and many see messages as another lower sign of cryptocurrency.
One Market Observer dropped 4.7% YTD for the “delayed essay statement” for X, citing the high volatility of the S & P 500.
Another commentator said, “I have never heard of them. It doesn’t seem to be related.”
“If this is not the bottom signal of the ETH IDK, another poster has been guessed.
Who has abandoned ETH in the last few months?
The two PRIMES also mentioned the weak performance of the ether exchange transaction fund (ETF) and emphasized that the purchase of BTC ETFs increased more than 24 times.
The company said, “ETH’s failure of ETFs creates a reflex loop for institutions such as BLACKROCK, which offers less resources for promotions and sales.BTC found mainstream while ETH was underworder.
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Despite the low performance of ETER ETFs, Ether is still the largest altcoin of encryption ETF in terms of assets of management (AUM) and far surpasses other people such as Solana (SOL) and XRP (XRP).
According to Coinshares’ latest updates, Ether -based exchange trading products recorded $ 9.2 billion in AUM by the end of last week, while Solana and XRP recorded $ 1.4 billion and $ 1 billion, respectively.
According to the approval of the US SEC in May 2024, SPOT ETHER ETFS recorded a performance defeat compared to the Spot Bitcoin ETF debut, which began in 2024.
While the demand for investors was low, some publishers, such as Vaneck, stopped trading futures Ether ETF, while WisDomtree withdrew the Ethereum Trust ETF proposal in September 2024.
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