As Ether’s price struggled in the first quarter of 2025, a US -based investment firm, two prime, dropped support for ETH and reinforced a approach to bitcoin only.
After lending $ 1.5 billion to loans both in Bitcoin (Btc) and ether (Eth. announced on May 1st.
“ETH statistics behavior, the proposal of value, and community culture failed despite a point worth joining,” said the two primes.
Moving the company to just one strategy in Bitcoin came because ETH loses 45% of its value year-to-date, with some optimists who have already thought ETH is potentially close to The bottom and upside down its negative trend as soon as possible.
“Ether is no longer predictable”
“As an algorithmic trading firm, we value data rather than narratives,” the two primes said, adding that “data suggests that ETH has changed.”
In addition to de-correlating from Bitcoin, the ether is no longer predictable, two primes have argued, adding:
“It’s trading now like a memecoin rather than an unpredictable property. Even in the chaos of Q1 2025, Bitcoin remained within its main behavior, while ETH has seen some moving multi-standard deviations.”
Two primes then said that conditions “create a headache” for both algorithmic trading and ET-back lending because the property no longer acts, “even by the high volatility expectations of digital asset markets.”
Established in 2019 by Alexander Blum and Marc Fleury, two prime is a firm advisory firm registered with the US Securities and Exchange Commission. The firm has offered trading and lending services for both BTC and ETH for the past six years.
Community Back: Eth Bottom Signal
Prime’s two critical comments about Ether quickly triggered responses from the community, which many see the message as another bottom signal for cryptocurrency.
“What is a retarded essay statement,” a market observer wrote in X, citing high volatility of S&P 500, which Fall 4.7% ytd.
“Not even heard about them. It seems irrelevant,” another commentator Says.
“If this is not a bottom signal for Eth IDK (I don’t know) what is,” another poster haka -hakaJoin the many expectations of ETH prices to bounce following a downtrend cycle.
Who else is ETH canal in recent months?
The two primes also mentioned the weak performance of funds exchanged by the Ether Exchange (ETF), which featured that the purchase of BTC ETF has released the ETH nearly 24 times.
“ETF failure of ETF creates a reflexive loop where institutions such as Blackrock dedicate fewer resources to their promotion and sale. BTC has found the mainstream as ETH grows stronger,” the firm said.
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Despite the Ether ETF that detects low performance, the ether is still the largest altcoin for Crypto ETFs in terms of genitals under Management (AUM), far from the growth of others like Solana (Sol) and XRP (XRP).
According to the latest updating from CoinharesEther -based exchange products have $ 9.2 billion in Aum by the end of last week, while Solana and XRP are followed by $ 1.4 billion and $ 1 billion, respectively.
Following Approval from US SEC In May 2024 the Ether ETF spots saw a slow start in 2024, with a loss of performance compared to Bitcoin ETF’s massive debut.
In the midst of the investor’s low demand, some issued Vaneck stopped trading futures with ETFwhile WisDomtree has removed Ethere’s Ethere’s Etfer proposal In September 2024. In March 2025, Ark liquid Its futures for both Ether and Bitcoin.
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