GSR cuts Bitcoin, boosts Solana in Core3 portfolio

GSR raised Solana to 43.6% in its Core3 model, making it the top holding, while cutting Bitcoin to a record low 16.9% after Solana's recent outperformance.

GSR has made a significant adjustment to its Core3 model portfolio, boosting Solana's allocation to 43.6%. This move makes Solana the largest holding among the three tracked assets. At the same time, Bitcoin's share was cut to 16.9%, marking its lowest level since the model's inception, while Ether's allocation dropped to 39.5%. The rebalancing follows Solana's 2.98% gain over the past week, outperforming Bitcoin, which fell 1.02%, and Ether, which slipped 0.20%. GSR's proprietary relative alpha signals identified strong short-term momentum in Solana, prompting the shift. The Core3 model is designed to capture short-term market strength and is not intended for long-term investment. Despite Solana's recent surge, it remains the weakest performer year-to-date, down 36.69%, and has lost 60.80% over the past year. This reallocation highlights GSR's focus on short-term trends and evolving crypto trading strategies.