Vitalik Buterin Reveals Bitcoin Holds Less Than 10% of His Portfolio

Ethereum co-founder vitalik buterin vitalik buterin Vitalik Buterin is a professional programmer and Co-Founder of Ethereum. Buterin, along with Gavin Wood, Charles Hoskinson, Joseph Lubin, and Anthony Di, launched Ethereum in 2014. He co-created Ethereum when he understood that he could construct a new, possibly enhanced version by iterating on the Bitcoin blockchain. He has been involved in the Bitcoin community since 2011, writing and co-founding articles for Bitcoin magazine.
 
Details:
Organization: EthereumLocation: CanadaEducation: Vitalik graduated from the University of Waterloo (2012–2014)Skills: Computer programming and writing
 
Awards:
Honored with the Thiel Fellowship Award in 2014.Won the World Technology Network prize.Fortune’s 40 under 40 list and appeared on the Under 30 list of Forbes at the age of 23
Experience:
He has been the founder of Ethereum from November 2013 to the present.Buterin has contributed as a developer to other open-source software projects. He also contributed to DarkWallet.Buterin has been involved in various initiatives to improve blockchain technology and its applications.
FAQ
1. Who is Vitalik Buterin?One of the most well-known figures in the cryptocurrency space is Vitalik Buterin, who co-founded Ethereum, one of the biggest and most significant blockchain systems.2. What is the net worth of Vitalik?Vitalik’s net worth is 32 billion dollars, according to Forbes.
3. What does Vitalik Buterin invest in?Vitalik Buterin has made numerous investments in companies like Varro Life Sciences, Polymarket, and RISE (Singapore) within the healthcare technology systems, information services (B2C), and financial software industries. [email protected] EntrepreneurCrypto and Blockchain Expert has revealed details about his crypto holdings, drawing interest from the crypto community.

Buterin recently responded to crypto analyst Udi Wertheimer, who suggested that every crypto investor should hold at least 10% Bitcoin. Buterin disagreed, stating that Bitcoin makes up less than 10% of his portfolio, while Ethereum remains his largest investment. He also noted that all non-Ethereum assets combined account for under 10% of his total holdings.

This emphasizes Buterin’s strong focus on Ethereum and his confidence in the network he helped create. Notably, this update coincides with a more than 4% increase in ETH’s price. Analysts believe the recent rise in ETH price is due to large Ethereum whales buying 100,000 ETH during a price dip. These purchases boost positive sentiment, drawing more interest from both institutional and retail investors.

The debate gained traction when crypto influencer DonAlt echoed Wertheimer’s view but turned the argument in favor of Ethereum. He suggested that investors should allocate at least 10% to ETH, ideally making it 70% of their portfolio. This sparked further tension between Bitcoin and Ethereum supporters, with both sides continuing to champion their preferred asset.

Bitwise’s BTC and ETH ETF Move Ahead

Meanwhile, the SEC has granted initial approval to Bitwise Asset Management’s Bitcoin and Ethereum ETF, marking an important step toward its launch. The ETF will track the prices of Bitcoin (83%) and Ethereum (17%), offering investors regulated exposure to both assets.

However, Bitwise still needs the SEC’s final approval on its Form S-1 registration before the fund can go live. Notably, this approval came less than two weeks after the SEC appointed a new crypto-friendly acting chair, signaling a possible shift in regulatory sentiment.

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Bitcoin’s Strong January – Will February Continue the Trend?

Notably, January ranks as the second-best month for Bitcoin (BTC) in the last ten months, trailing only November 2024, which experienced a 37% price increase following President Trump’s election win. January typically sees an average gain of about 4% and has been one of the top-performing months in recent years, with five of the last six Januarys ending in the green. 

Besides, this January has been particularly eventful, with President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President taking office and implementing several pro-crypto policies. Looking ahead, February has historically been the third-best month for Bitcoin, with an average gain of 16%.