Add as a preferred source on GoogleGSR Raises Bitcoin (BTC) to 45.6% in Core3, Cuts Ether (ETH)
The Nov. 11 update also lifted Solana (SOL) to 24% as all three assets posted weekly losses.
GSR shifted its Core3 model portfolio toward Bitcoin (BTC) and Solana (SOL) on Nov. 11, giving Bitcoin the largest allocation as all three assets posted losses over the prior week.
The model increased BTC by 3.5 percentage points to 45.6% and SOL by 3 points to 24%. It reduced Ether (ETH) by 6.5 percentage points to 30.4%.
For the week through Nov. 11, BTC fell 7.0%, SOL declined 11.1% and ETH dropped 13.5%. Over 30 days, the assets lost 10.6%, 22.2% and 18.5%, respectively. ETH had the largest volatility increase, while SOL’s 30-day volatility remained below historical levels.
Trading volume moved in different directions over the past month: BTC’s rose 14%, while ETH’s fell 30% and SOL’s declined 20%.
In the Oct. 21 Core3 update, Bitcoin held 40.5% of the model, Solana 23.5% and Ether 36%.