CoinShares report: The optimal allocation ratio of BTC is between 4-10%

CoinShares' latest report shows that the traditional 60/40 investment portfolio (60% stocks and 40% bonds) is no longer suitable for the current market environment. Research shows that including Bitcoin in the portfolio can significantly improve risk-adjusted returns. Allocating 4% of Bitcoin to a 60/40 portfolio increases the Sharpe ratio (a measure of investment return relative to its risk) from 0.48 to 1.05 and reduces the correlation of the portfolio. In addition, Bitcoin has also shown significant diversification and return enhancement effects in classic portfolios such as the All Weather Portfolio and the Yale Endowment. Analysis suggests that the optimal Bitcoin allocation ratio is between 4-10%, which can significantly improve portfolio performance while maintaining reasonable risk.