Cathie Wood: Sovereign wealth funds begin to allocate Bitcoin, and the proportion of institutions in futures open contracts has risen to about 63%

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Cointime2025/02/09 03:00

By:Cointime

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget-RWA•2025/09/12 06:14