Two Prime Drops Ethereum, Focuses on Bitcoin Exclusively
Two Prime ends its Ethereum engagement and pivots fully toward Bitcoin, highlighting institutional skepticism towards Ethereum’s market value and direction.
- Two Prime abandons Ethereum for Bitcoin, criticizing its market viability.
- Ethereum fell 45% year-to-date.
- Solana favored over Ethereum for developer engagement.
Investment firm Two Prime ends its Ethereum engagement as of May 1, 2025, pivoting fully toward Bitcoin.
The move underscores growing institutional skepticism about Ethereum’s value and direction, as reflected by market sentiment.
Two Prime, a cryptocurrency advisory firm, has announced a significant shift in its investment strategy, abandoning Ethereum due to what it terms a ‘memecoin’ status. The decision follows Ethereum’s 45% decline in 2025.
CEO Alexander Blume declared, “Two Prime is done with ETH,” highlighting frustrations with Ethereum’s volatility and lack of consistent returns. This aligns with differing community perceptions of Ethereum and Bitcoin’s stability.
The firm noted Ethereum’s unpredictable patterns as too high-risk for institutional investors. Consequently, it redirected focus solely to Bitcoin, seeing it as a standard for liquidity and predictability. “Unpredictable trading patterns incompatible with institutional risk models,” said Alexander Blume, CEO of Two Prime (source).
Experts like Blume see other blockchains, such as Solana, as providing superior speed and cost efficiency. This signifies a significant market shift, emphasizing the competitive landscape Ethereum now faces.
This decision may trigger broader market reflection as institutions evaluate Ethereum’s position. Investor confidence in Ethereum faces pressure amid persistent decline and lack of clear strategic direction.
Historical trends suggest Ethereum must adapt or face further market share losses. Technological advancements in other blockchains indicate a potential for increased competition and demand for clear monetization strategies.
More From Crypto News
BlackRock Files With SEC for Buffered Bitcoin ETF
The filing marks a proposal stage, not an approval or product launch. The SEC must review and act on the submission before any fund becomes available to investo...
NGRAVE: Third-Party Service Compromise Triggered LIQUID Phishing Alerts
NGRAVE said the phishing alerts reaching LIQUID app users were made possible by a breach of an external notification service the company relied on, per reportin...
FINMA Approves Switzerland’s First Retail Bitcoin-Holding ETF
Switzerland’s financial regulator, FINMA, has approved the country’s first exchange-traded fund structured to hold Bitcoin directly on behalf of retail investor...
Switzerland Approves First Spot Bitcoin ETF for Retail Investors
Unlike institutional-grade products restricted to professional or qualified investors, the reported approval covers a spot Bitcoin ETF that retail participants...
Switzerland Approves Its First Bitcoin ETF: What It Means
Switzerland has approved its first Bitcoin exchange-traded fund, marking a significant step for regulated crypto access in one of Europe’s most established fina...
Small XRP Transfers on Binance Reach Highest Share Since October 2024
The metric in focus is the share of transfers, meaning smaller transactions now account for a disproportionately larger slice of all XRP transfers recorded on B...
