#分散资产

1. Risk Diversification: Defending Against Single Asset Volatility

The cryptocurrency market is known for its high volatility, with the short-term price fluctuations of a single asset (such as Bitcoin or Ethereum) potentially exceeding 30%. By diversifying investments:

Reduce Non-Systematic Risk: Allocating funds to different cryptocurrencies with lower correlation (such as Bitcoin, stablecoins, and emerging DeFi tokens) can avoid significant losses due to technical failures, regulatory crackdowns, or market manipulation of any one project.

Cross-Cycle Balance of Returns: Mainstream coins (like BTC and ETH) tend to have strong resistance in bear markets, while altcoins often see greater gains in bull markets. A diversified allocation can capture return opportunities across different market phases.

Case Validation: During the price correction of Bitcoin in 2025, investors with diversified allocations in tokenized RWA assets (such as the Blackstone BUIDL Fund) were still able to achieve a stable annual return of 5%.

2. Cross-Market Balance: Hedging the Correlation Between Cryptocurrencies and Traditional Assets

Cryptocurrencies exhibit low or even negative correlation with traditional financial assets (stocks, bonds, gold):

Volatility Hedge: The correlation coefficient between Bitcoin and traditional assets has remained below 0.3 over the long term. During market black swan events (such as geopolitical conflicts or stock market crashes), a diversified allocation can reduce the overall portfolio's volatility.

Liquidity Optimization: Stablecoins (like USDC and BUSD), serving as 'crypto cash', can be quickly converted into fiat-backed assets during severe market fluctuations, avoiding liquidity exhaustion risks.

Compliance Trend: In 2025, the market size of Bitcoin spot ETFs surpassed $50 billion. Institutional investors achieve risk hedging by diversifying into compliant crypto products (such as Coinbase's staking financial products).