Vitalik Buterin holds less than 10% of his crypto portfolio in Bitcoin, prioritizing Ethereum due to its broader functionality and potential for long-term growth.
By Bena Ilyas
Edited by Marco T. Lanz
Updated
3 mins read
Ethereum co-founder Vitalik Buterin addressed the crypto community after responding to analyst Udi Wertheimer’s claim that every crypto investor should allocate at least 10% to Bitcoin, saying:
“If you’re in crypto and you don’t have at least 10% of your portfolio in bitcoin i can’t help you. It should be like 70% but if you don’t even have 10% i literally can’t help you.”
Buterin disagreed with Udi’s statement and revealed that his Bitcoin holdings remain below 10%, along with any asset outside Ethereum.
“I hold less than 10% in BTC. But then again I’m under 10% in anything that’s not ETH,” said Vitalik.
His investment approach shows a strong commitment to the Ethereum ecosystem while maintaining minimal exposure to other assets. That strategy has sparked debates over whether industry leaders should diversify their holdings or remain loyal to their primary blockchain projects.
After the Vitalik announcement, Ethereum ETH $1 796 24h volatility: 2.1% Market cap: $216.75 B Vol. 24h: $16.28 B recorded a 4% surge, reaching $3,419, according to CoinMarketCap. However, the rally faded later, and now ETH has been 2% down in the last 24 hours. The asset has struggled to gain higher ground despite the approval of multiple spot ETH exchange-traded funds (ETFs) last year. Bitcoin, in comparison, has enjoyed significant gains, intensifying concerns among Ether investors.
However, analysts suggest large whale accumulation trends are supporting ETH price momentum. Reports indicate that Ethereum whales recently acquired 100,000 ETH during a price dip, reinforcing confidence in the asset. Institutional and retail investors closely monitor ETH price action, with many anticipating further gains.
In the last 24 hours, 13 mega whales, each holding over 10,000 #Ethereum $ETH, have joined the network. This signals significant accumulation activity! pic.twitter.com/ODIMeCO4Ry
— Ali (@ali_charts) January 28, 2025
Meanwhile, Ethereum’s network upgrades and growing adoption continue to attract strong backing. Institutional interest is evident, especially after the Securities and Exchange Commission (SEC) fast-tracked Bitwise’s Bitcoin and Ethereum ETF for listing on NYSE Arca. That move signals increasing demand for Ethereum from traditional financial markets.
Ethereum positions itself as a blockchain with broader functionality, supporting smart contracts, DeFi applications, and NFTs. On the other hand, Bitcoin remains the dominant store of value and is widely seen as a hedge against inflation. Even financial expert Robert Kiyosaki, author of Rich Dad, Poor Dad, called Bitcoin a “safe haven” while warning of an impending market crash.
In RICH DADs PROPHECY-2013 I warned the buggiest stock market crash in history was coming. That crash will be in February 2025.
— Robert Kiyosaki (@theRealKiyosaki) January 27, 2025
Good news because in a crash everything goes on sale. Cars and houses on sale now.
Better news billions will leave the stock and bond markets and…
Despite Bitcoin’s massive market capitalization, Buterin’s strategy suggests that he sees Ethereum as the better long-term investment. His belief in Ethereum’s continued evolution could be a key reason why he prioritizes ETH over BTC or other crypto assets.
In response to concerns about ETH’s slow price growth, Buterin previously suggested that developers should focus on generating revenue and boosting ETH’s value through fee-burning mechanisms and staking incentives. His vision remains clear: make Ethereum more financially sustainable and attractive for investors.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
With over 3 years of crypto writing experience, Bena strives to make crypto, blockchain, Web3, and fintech accessible to all. Beyond cryptocurrencies, Bena also enjoys reading books in her spare time.
