GSR Model Portfolio Craters 57% Amid Crypto Sell-Off

GSR's Core3 model portfolio has cratered 57.78% over the past year, outperforming the decline of a simple equal-weight basket holding Bitcoin, Ether, and Solana.

The portfolio's losses are particularly steep due to its heavy allocation to high-volatility assets like Ether (44.1%) and Solana (36.5%), with Bitcoin anchoring just 19.3% of the total weight.

Solana has been hit the hardest, plummeting 40.21% year-to-date as the chain's developer engagement remains strong, defying its poor price performance.