Odaily Planet Daily News Bitwise Chief Investment Officer Matt Hougan said that a properly diversified BTC and ETH portfolio can achieve greater returns and less downside volatility than simply investing in Bitcoin. Hougan gave three reasons why this might be a good idea. The first is to diversify investments. Since it is difficult to predict the future of cryptocurrencies, holding shares of two major assets at the same time can provide investors with protection in case one of the assets falls out of favor or swallows up the other over time; secondly, the different natures of Bitcoin and Ethereum make it difficult to choose between the two. Bitcoin's optimization goal is to become a "better currency", while Ethereum aims to become a "programmable currency" that can realize blockchain applications such as stablecoins and DeFi; finally, the historical performance of these two assets shows that they work best when the two assets are balanced in the portfolio.