Why ETH Remains a Conviction Position in Our Portfolio

"Ethereum isn’t hype. It’s programmable settlement infrastructure."

Most investors still look at ETH as “just another coin.” That’s like calling Intel in the 90s “just another chip.”

Ethereum is the base layer of programmable money. It’s not a story — it’s infrastructure.

Here’s why it stays in our core portfolio:

1. Network Effects
   Every serious Web3 project either runs on Ethereum or is forced to interoperate with it. L2 scaling only amplifies the lock-in.

2. Monetary Operating System
   ETH secures billions in value daily. Fees aren’t hype — they’re recurring revenue. Staking isn’t yield farming — it’s productive infrastructure.

3. Institutional On-Ramp
   ETFs are just the first layer. Once regulated finance integrates Ethereum settlement, it becomes the default back-end of global tokenized assets.

4. Convex Asymmetry
   Even if competitors nibble at niches, Ethereum captures the majority of the economic value. Owning ETH is owning the operating system, not the apps.

At Altvalue, we don’t speculate on narratives.
We allocate to infrastructure.

ETH isn’t a trade. It’s a conviction core — the Intel Inside of Web3.