OP, you started this thread--where did you disappear to? The question was asked what you meant by "fund" and I'm curious about that as well. If you mean mutual funds, that's basically the same thing as stocks. I don't know why members create threads like this and then just vanish.
If you're young, like in your 20s, 40% in bitcoin might be viable but even then it's extremely risky and I probably wouldn't put that much into crypto regardless of your age. I would probably invest 80% in stocks (and an index fund wouldn't be a bad way to go) and 20% in bitcoin--and I'd stay away from altcoins, too, if your total investment is $10k. No need to make that crypto component any more risky than it has to be.
It doesn't matter if you have 10k, 100k, 100000k
I would never invest more than 10% in bitcoin.
That's probably a wise choice. My 20% recommendation was probably too much, but that reflects my belief in it.