BlockBeats News: On May 25th, Cathie Wood, CEO of ARK Invest, stated at the Solana Accelerate event held in New York on May 23rd that although cryptocurrency wallets will become more widely used in the future, cryptocurrency ETFs will still hold a place in the market for the long term as they provide users with a more convenient way to participate.
She said, 'ETFs are an important transitional form.'. Compared to the complexity of wallet operations, many consumers just want to 'press a button' to complete their investment. Wood emphasized that wallets will be more like an "insurance mechanism," while ETFs are suitable for users who pursue convenience.
Wood also mentioned that spot Ethereum ETFs do not support staking function, which has affected their market performance, and pointed out that Ethereum is still the preferred entry point for new users to understand the smart contract ecosystem, and may gradually shift to chains such as Solana in the future. She also pointed out that Trump's issuance of TRUMP memecoin on the Solana network may cause some institutional investors to hold a reserved attitude, and "such events may deter some older investors
Wood stated that his team is currently studying Solana's pricing model and will announce it after the research is completed. Previously, ARK had raised its 2030 Bitcoin bull market price expectation from $1.5 million to $2.4 million. （Cointelegraph）
