When I started water cooling many years ago I did a dual loop system, the idea being I thought it would give more chance to get the maximum overclock on the gpu and cpu, so that the heat input of one would not affect the other in terms of getting the max out of them. This was in the days when there was a lot more headroom for overclocking gpus, before they started locking things down on the cards with power limits etc. I eventually went to a single loop system as the benefits were not really that obvious in practice, versus the much easier tube routing single loop gives, and this was still before they started to lock down gpus. Nowadays given how little headroom you have to overclock a gpu, unless you risk modding the bios or hacking the card etc, there is even less advantage to be gained by putting the gpu on a separate loop imo.