Cathie Wood: TRUMP is a part of the new phase of the crypto revolution, there may be practicality in the future

PANews reported on January 23 that ARK Invest CEO and CIO Cathie Wood said in an interview with Bloomberg TV, "We don't know how much utility President Trump's Meme coin has, but Trump is leading the next phase of the cryptocurrency revolution."

In addition, Bloomberg analyst Eric Balchunas posted on platform X saying: "We asked Wood about her opinion on TRUMP. She said it's a meme coin and she personally wouldn't buy it because she only holds BTC, ETH and SOL. However, she doesn't think it's something to be afraid of. She believes it is part of a new phase that is coming and will have some utility in the future."