With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH?The first, Hougan wrote, is for the sake of diversification. Since predicting the future of crypto is difficult, holding a stake in both leading assets can provide investors relief in case one asset falls out of favor, or gobbles up the other over time.As of writing, Bitcoin’s market cap accounts for 55% of the entire crypto market, according to TradingView.
“Adding some ETH to a majority BTC position gives you broader exposure to all the things public blockchains can do,” he said.Lastly, Hougan said the historical performance of both assets shows that they work best when balanced together in a portfolio.
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