Advisors Are Quietly Building Durable Crypto Allocations Beyond Bitcoin!

Beneath a low-conviction crypto market — where funding rates on perpetual futures have run persistently low or negative and DeFi borrow rates on Aave drifted toward 3% versus 20%+ post-2024 election — financial advisors and their long-term clients are steadily building core crypto positions. GSR's Andy Baehr describes Q1 2026 as hitting "maximum ambivalence" on the firm's Conviction/Ambivalence gauge, yet argues the quieter structural shift underway is more consequential than any funding-rate spike.

The recommended core is BTC, ETH, and SOL. BTC anchors the macro allocation; ETH and SOL represent the layer-one infrastructure on which tokenization, stablecoins, and blockchain's broader growth story are settling. Proof-of-stake staking yield on ETH and SOL is flagged as a return stream passive holders routinely leave on the table — a gap GSR's newly launched Core3 ETF (ticker: BESO) is…