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Coinbase Asset Management CEO’s allocation recommendation

The article discusses the potential for US regulators to take a more favorable stance towards cryptocurrencies under Trump's presidency. The CEO of Coinbase Asset Management and One River, Eric Peters, suggests that a first-time crypto investor with a strong appetite for risk should allocate their investment towards Bitcoin, Ethereum, and a smaller portion in Solana. The article then compares the performance of this allocation (weighted at 50% Bitcoin, 35% Ether, and 15% Solana) against Coinbase's benchmark crypto index (COIN50) and traditional index funds. The analysis shows that the suggested allocation would have turned a $1 million investment into $27 million, outperforming both Ethereum and traditional index funds. The article concludes that there is a significant difference in performance between stocks and cryptocurrencies, highlighting the potential benefits of risk appetite in the crypto market.

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