GSR released its weekly Core3 model portfolio report on Oct. 7 and increased Bitcoin’s weighting by 12.3% to 40.9%. At the same time, the firm cut Ethereum’s allocation to 28.7% and lowered Solana’s share to 30.4%.
According to the report, Bitcoin showed the lowest volatility during the latest week’s pullback in the crypto market. GSR also said Bitcoin had the deepest trading-volume support among the assets in the model. On that basis, the firm adjusted the portfolio to give Bitcoin a larger share and reduce overall volatility risk.
The update was carried by Techub News and cited Wu Blockchain.
GSR on Oct. 7 released its weekly Core3 model portfolio report, raising Bitcoin’s weighting by 12.3% to 40.9%.
Ethereum’s weighting was cut to 28.7%, while Solana’s was lowered to 30.4%.
In the report, GSR said that during the latest week’s pullback in the crypto market, Bitcoin posted the lowest volatility and had the strongest support from trading volume. The firm said it increased Bitcoin’s weighting to reduce the portfolio’s overall volatility risk.
The item was published by Techub News and cited Wu Blockchain.
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