$BTC Two Prime will focus solely on the management of BTC assets and loans, abandoning participation in ETH

According to Cointelegraph, the U.S. investment advisory firm Two Prime has announced its decision to cease support for Ethereum (ETH) and instead adopt a unique strategy focused on Bitcoin (BTC). Over the past 15 months, the company has provided $1.5 billion in loans on BTC and ETH.

Two Prime claims that the trading behavior and value proposition of ETH are no longer worth participating in. ETH has fallen 45% this year, and some optimists believe it could be close to a bottom and may reverse its negative trend.

Two Prime believes that the trading behavior of ETH has become