Cathie Wood: Sovereign wealth funds have begun to allocate bitcoin, and the proportion of institutions in futures open interest has risen to about 63%"
According to online reports, 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 structure and forming a new competitive situation. Cryptocurrency is the next Internet revolution and is currently witnessing a triple paradigm shift: First, the proportion of institutions in open interest contracts in bitcoin futures has increased to 63% from 17% in 2020; second, sovereign wealth funds have begun to allocate, and the Norway 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.
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