According to CoinMeta, Swiss crypto financial services provider Bitcoin Suisse states that the concentration of AI investments, the rise in government debt, and the increased correlation between stocks and government bonds are weakening the diversification effects of traditional stock-bond portfolios. Their model shows that in a traditional portfolio composed of stocks, bonds, gold, and money market assets, if BTC replaces some of the bonds, the annualized return can be increased from 6.2% to 7.2% with a 1% allocation of BTC and to 8.6% with a 2.5% allocation of BTC. Bitcoin Suisse believes that BTC is not a traditional safe-haven asset, but its different return drivers compared to traditional assets may improve the portfolio's diversification effect and risk-adjusted returns with a small proportion allocation.