Surprise Move from SEC Approved Company: Sold All Its Altcoins and Switched to Bitcoin! Here’s the Reason...

The investment advisory company Two Prime announced with a surprising decision that it sold its Ethereum and switched to Bitcoin.

We Are Fully Transitioning from Ethereum to Bitcoin!

According to this, the SEC approved firm, Two Prime, stated that it has abandoned Ethereum due to memecoin-like behavior and inadequate price performance, while stating that Bitcoin (BTC) allocation will be doubled.

"For the past six years, Two Prime, a registered investment advisor with the SEC, has operated as one of the largest digital asset derivatives companies in the world by volume.

In addition, it has become the second largest lending institution globally for Two Prime BTC and ETH collateralized loans over the last 15 months, completing over 1.5 billion dollars in loans.

Despite the success we achieved with ETH, as a firm, we have decided to focus solely on BTC asset management and lending from now on.

The statistical trading behavior of ETH, its value proposition, and community culture have failed beyond a point worth noting. With BTC available as an alternative, the risk-reward ratio has come to the forefront.

Ethereum (ETH) is Acting Like a Memecoin!

Two Prime stated that ETH has started to behave more like a memecoin rather than a predictable asset. The statement noted that following ETH's decoupling from Bitcoin in the first quarter of 2025, it has shown more signs of weakness, while the ETH/BTC ratio has dropped to a five-year low considering ETH's inadequate price performance in 2025.

The company also stated that Ethereum has not shown any signs of recovery after the recent declines, indicating that investors have not bought the dip, which is a sign of indifference towards the largest altcoin.

For all these reasons, the company stated that it will exit from ETH and focus entirely on BTC.

"As a result, the current scale of Ethereum and the remaining upside potential for global adoption make BTC a much better risk-weighted investment vehicle than ETH."