Institutional investors continue to invest in Bitcoin and altcoins, but they may adjust their portfolios according to market conditions.
Finally, GSR, one of the major market makers in the cryptocurrency market, has made a change to its model portfolio.
GSR recently increased its weighting for Solana while decreasing its weighting for Bitcoin and Ethereum.
In GSR’s model portfolio, the proportion of SOL increased to 43.7%, while the proportion of ETH decreased to 39.5% and the proportion of BTC decreased to 16.9%.
The company stated that the increase in the SOL ratio stemmed from the recently strengthened relative upward signals. It was also noted that despite the reduction in the ETH ratio, it maintained its lead in terms of return among the three assets in terms of 30-day performance.
GSR stated that BTC has recently fallen to the lowest proportion in the portfolio due to lagging behind ETH and SOL and weak long-term trading activity.
“…The Core3 model portfolio increased its share of Solana to 43.7%, while decreasing its share of Ethereum to 39.5% and its share of Bitcoin to 16.9%. This reflects a shift in relative signals towards Solana.”
While this position aligns with Solana’s stronger short-term price momentum, trading volume has softened in both the 7- and 30-day periods. Ethereum continues to show the strongest 30-day return despite its reduced portfolio weighting, while the decreasing volatility across the market points to relatively calm trading conditions.
Bitcoin continues to hold the smallest share, as its recent performance has lagged behind ETH and Solana, and long-term trading activity has also remained low.
The market maker also added that BTC, ETH, and SOL were exhibiting unusually low volatility and that narrow trading ranges persisted.
