Cryptocurrency market-making firm GSR reported that its GSR Crypto Core3 model portfolio was composed of ETH 44.1%, SOL 36.5%, and BTC 19.3% as of the 5th (local time). Year-to-date, BTC, ETH, and SOL have fallen by 24.82%, 35.49%, and 40.21% respectively, and the model portfolio's recent 1-year return recorded -57.78%. GSR explained that as trading volume and volatility slowed, it increased its BTC weighting and reduced its ETH weighting.