According to Deep Tide TechFlow, ARK Invest CEO Cathie Wood stated at the Solana Accelerate event in New York that crypto ETFs will exist in the long term as they provide a convenient investment method. She believes that ETFs are an important transitional form, suitable for users seeking convenience, while crypto wallets are more like insurance mechanisms.
Wood pointed out that the lack of staking functionality in spot Ethereum ETFs affects market performance. Ethereum remains the preferred entry point for the smart contract ecosystem, but it may shift towards chains like Solana in the future. Her team is studying Solana's pricing model.
In addition, the incident of Trump issuing the TRUMP memecoin on the Solana network may cause some institutional investors to be cautious, potentially deterring older investors.