According to Odaily Odaily, Cathie Wood, founder of ARK Invest, stated in an interview that Bitcoin represents a completely new global monetary system and asset class, and remains the preferred starting point for institutions entering the crypto space, ranking first in institutional asset allocation. Furthermore, the narratives surrounding Ethereum and Solana are changing. Ethereum is the infrastructure of choice for institutions, building Layer 2 solutions on it, but with the rapid growth in the number of L2 blockchains, whether it will be "commoditized" remains to be seen. Solana leans more towards a consumer-oriented blockchain ecosystem and has the potential to become part of institutional expansion in the future.
Cathie Wood: Bitcoin Remains the Top Asset for Institutional Entrants into the Crypto Market
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