Kathy Wood, CEO of Ark Invest, It has built a reputation as the most popular An outspoken supporter of cryptography industry. In recent comments, she sees the value of the Ethereum ecosystem, but her beliefs are the strongest in Bitcoin. Her attitude is rooted in not only her latest statements, but also in a consistent story.
Bitcoin is pure cryptocurrency
meanwhile I’ll talk to you Cathie Wood, a master investor podcast hosted by Wilfred Frost on YouTube, has repeatedly reiterated the belief that Bitcoin is a pure cryptocurrency, describing it as a global quantitative rule-based currency system. She notes that Bitcoin’s Layer-1 blockchain has never been hacked, which sets it apart from other networks. She also expressed concern that Ethereum could lose control as Layer 2 solutions earn more activity and fees.
“In fact, Bitcoin owns cryptocurrency space when it comes to pure crypto,” she said. “We think it will be much bigger,” she continued.
in spite of Her preference for Bitcoin The wood is somewhat softer towards Ethereum at certain points. She acknowledged the importance of Ethereum in Decentralized Finance (DEFI), and said it plays a very important role in the ecosystem. However, this importance can be compromised by other Layer 2 networks, such as the Coinbase’s base.
Previous statements and views on crypto assets
More recently, Kathy Wood praised Ethereum’s shift to Zero Knowledge Proof (ZK) scaling technology, even if she admitted she had no full grasp of all the technical details.
“I can’t say I understand all the details, but the Ethereum Foundation seems to be proposing the right move for scalability and privacy.” She said Social Media Platform X.
At the same time, CEO Ark Invest also pointed out several new protocols, such as Uniswap, and on-chain derivatives platforms, as notable. She compared high lipids to Solana’s early days and noted that it could be promising.
Still, she makes it clear that not all cryptocurrencies have gained her confidence. Wood openly states that she doesn’t believe in the majority of tokens she is circulating in the market. Instead, her beliefs are based on some core assets she thinks she will control over the long term. In her view, Bitcoin, Ethereum and Solana are separated as the Big Three.
“These are three big ones right now,” she said.
She acknowledged the importance of stubcoins, but also noted that they do not belong to the same category as these major cryptocurrencies.
ARK Invest owns 43,799 BTC, worth $49.1 billion, through the ARK 21Shares Bitcoin ETF (ARKB). Cathy Wood It makes powerful and repeatable predictions For the future value of Bitcoin. Back in May, She reaffirmed her beliefs That Bitcoin will reach $1.5 million by 2030.
The company is also maintaining its exposure to Ethereum, including positions related to Bitmine Immersion, where the recent acquisition of Ethereum has achieved it. The world’s largest Ethereum finance company.
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