Cathie Wood: Sovereign wealth funds begin to allocate Bitcoin, and the proportion of institutions in futures open contracts has risen to about 63%
Cathie Wood, founder, CEO, and chief investment officer of Ark Invest, said in an interview with Bloomberg that DeepSeek's model may attract more companies to join the open-source AI camp, thereby breaking the existing market pattern and forming a new competitive situation. Cryptocurrency is the next internet revolution, currently witnessing a triple paradigm shift: first, the proportion of institutions in Bitcoin futures open interest has risen from 17% in 2020 to 63%; second, sovereign wealth funds have begun to allocate, and the Norwegian Oil Fund disclosed last month that it holds 42,000 BTC. Most importantly, Bitcoin is becoming a balance sheet tool for technology companies - MicroStrategy holds 214,000 coins, and Tesla also has strategic reserves.
