The post Grayscale Report Suggests Bitcoin and XRP’s Profitability Amid Ethereum and Dogecoin Struggles appeared on BitcoinEthereumNews.com.

Grayscale’s recent report reveals significant shifts in the crypto market, influencing investor strategies amid fluctuating asset performances. The analysis shows that while Bitcoin and XRP remain resilient, Ethereum and Dogecoin have substantially underperformed in 2024. “Only a few assets have proven profitable,” stated a representative from Grayscale, emphasizing the selective recovery in the crypto landscape. Grayscale’s latest findings shed light on asset performance shifts, with Bitcoin and XRP gaining traction while Ethereum and Dogecoin falter. Could this be the moment smart money rewrites its playbook? A recent Grayscale report comparing several of its crypto holdings shows that BTC and XRP have turned a profit, while ETH and DOGE have contributed to losses. According to the report, Ethereum and Dogecoin slumped 47% and 42.2%, respectively, over the past year. Meanwhile, Bitcoin and XRP delivered gains of 0.4% and 6.1%, cementing their positions as top performers. Source: Grayscale This type of market sentiment often dictates potential market movements, as retail and other institutional investors use it as a guide to decide where to channel their next investments. COINOTAG, meanwhile, has analyzed why these individual assets rank as either top performers or underperformers within Grayscale’s portfolio. Bitcoin has remained a major point of attraction in the crypto market. Over the past few months, it has drawn heightened institutional interest, particularly following the approval of Spot Bitcoin Exchange-Traded Funds (ETFs), which now boast a total asset under management (AUM) of $110.3 billion, according to CoinGlass. Source: CoinGlass Following Donald Trump’s inauguration, discussions around a federal Bitcoin strategic reserve resurfaced, further fueling institutional appetite. For XRP, its growth has been influenced by the team’s approach to reaching a settlement with the U.S. Securities and Exchange Commission (SEC) over a years-long legal battle on whether XRP is a security. In addition, Ripple’s focus on growth, including…

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Filed under: News - @ April 27, 2025 2:18 am