$BNB Ether "looks more like a memecoin," according to a trading firm, as ETH falls 45% so far this year

While optimists speculate that Ether will hit a bottom soon, Two Prime, a registered advisor with the SEC in the U.S., argued that its risk-reward ratio is now unjustifiable compared to Bitcoin.

As the price of Ether has been declining in the first quarter of 2025, an American investment advisory firm, Two Prime, has dropped support for ETH and adopted a strategy focused solely on Bitcoin.

After lending USD 1.5 billion in loans both in Bitcoin

BTC

85,779 €

and in Ether

ETH

1,624 €

over the last 15 months, Two Prime decided to dispose of ETH to focus exclusively on asset management and loans in BTC, the firm announced on May 1.

"The statistical trading behavior of ETH, the value proposition, and the community culture have failed beyond a point where it is worth committing," stated Two Prime.

The firm's shift to an exclusive Bitcoin approach comes as ETH has lost 45% of its value so far this year, with some optimists speculating that ETH is potentially close to hitting bottom and reversing its negative trend soon.