#AppleCryptoUpdate

🚨📣: Two Prime, an algorithmic trading firm, has divested from Ethereum (ETH), describing it as a meme coin and not a predictable asset.

The firm will now exclusively manage and lend Bitcoin (BTC), believing that Bitcoin meets institutional standards for liquidity, predictability, and long-term investment viability.

This decision follows more than a year of divergent performance between Bitcoin and Ethereum, with Two Prime citing a lack of correlation, high tail risk, weak institutional demand, the erosion of Ethereum's value proposition, and deteriorating governance and focus.