According to @alice_und_bob, there is an active debate on how much Ethereum should be included in a crypto portfolio, contrasting an ETH-concentrated approach with diversified multi-chain exposure, which directly affects risk-adjusted returns and beta management. source: @alice_und_bob For position sizing, ETH remains the second-largest crypto asset and a leading smart-contract platform by market capitalization, making it a common core holding for liquidity, execution, and derivatives depth. source: CoinMarketCap The existence of U.S.-listed spot ETH ETFs adds a regulated inflow channel that can influence liquidity, term structure, and price discovery; monitoring primary-market creations and redemptions is relevant for timing exposure. source: U.S. Securities and Exchange Commission Staked ETH accrues protocol rewards and priority fees, while liquid staking tokens enable capital efficiency for collateralized strategies, impacting carry, leverage, and rehypothecation decisions. source: Ethereum.org ETH is accepted as collateral in major DeFi protocols such as Aave and MakerDAO, so changes in ETH volatility and funding often transmit to altcoins via collateral valuations and liquidation cascades. source: Aave Documentation; MakerDAO Documentation Under EIP-1559, base fees are burned and net issuance varies with network demand, making gas and burn metrics important inputs when evaluating an overweight ETH allocation thesis. source: Ethereum.org