ARK Invest and Cathie Wood believe Ethereum will succeed with the zero-knowledge strategy directly integrated into the EVM, driving growth and improving security.
This development helps Ethereum enhance scalability and privacy without losing decentralization, while attracting major investors like SharpLink with million-dollar ETH transactions.
MAIN CONTENT
Cathie Wood confirms confidence in Ethereum's zero-knowledge development roadmap.
Ethereum Foundation sold 10,000 ETH to SharpLink, raising $25.7 million.
ETH increased by 20% to $3,000, seeing a large influx of capital into both ETFs and public companies.
Why does Cathie Wood support Ethereum's zero-knowledge strategy?
Cathie Wood, founder of ARK Invest and known for her Bitcoin maximalist views, has admitted she does not grasp all the technical details but believes the Ethereum Foundation is on the right track in integrating zero-knowledge (ZK) into the Ethereum Virtual Machine (EVM). This is a significant step forward for Ethereum to sustainably enhance scalability and security.
"The value of any product is determined by the relationship between supply and demand at the final differential level – mathematics is mathematics."
Cathie Wood, CEO of ARK Invest, July 2025
Zero-knowledge proof allows the proving party to own information without disclosing details, reducing computation load and increasing transaction throughput while maintaining decentralization and the ability to integrate Smart Contracts. This was emphasized by Raye Hadi, an analyst at ARK, when mentioning that Ethereum is moving towards real-time block proof with low hardware costs and efficient energy consumption.
What has the Ethereum Foundation done with its ETH holdings?
The Ethereum Foundation has just conducted an OTC transaction selling 10,000 ETH, equivalent to $25.7 million, to the Nasdaq-listed gaming company SharpLink on July 10, 2025. This is the first time a public company has purchased ETH directly from the Foundation, reflecting significant interest in Ethereum in the business sector.
SharpLink purchased an additional 16,374 ETH ($49 million) in just 8 hours and a total of 60,582 ETH ($180 million) in the past 5 days.
Lookonchain, on-chain data, July 2025
All the money raised is used to support the Foundation's core activities, marking a shift in financial policy and the development of the Ethereum ecosystem.
The impact of capital flow and the upward trend of ETH in the market
Ethereum's price has increased by 20% in the past 7 days, reaching the $3,000 threshold, a long-anticipated price. In 90 days, the price of ETH has risen by up to 85%, although 2025 has not yet escaped an 8% decline since the beginning of the year. The 24-hour trading volume of ETH has surged by 120%, reaching $32.2 billion.
The influx of capital into Ethereum-related ETFs is also very positive, with over $204 million invested in just one day, primarily from BlackRock's products with $137 million. This indicates increasing confidence from institutional and individual investors.
Corporate treasuries are also researching ETH as a reserve asset similar to Bitcoin, reflecting the increasingly diverse development of centralized finance (CeFi) in the cryptocurrency space.
What about zero-knowledge and the future of Ethereum?
The direct integration of zkEVM into Mainnet promises a leap in performance and scalability. The Ethereum Foundation is committed to developing this technology with low hardware costs and optimal energy consumption, driving the conquest of current limitations regarding speed and transaction fees.
This is also a significant phase that opens up a new direction for layer 1 Blockchain while maintaining decentralized security, improving user experience, and supporting the development of more complex applications.
Comparison table of capital inflow into ETH from major sources
Source Volume ETH USD Value Time SharpLink Gaming (OTC) 60,582 ETH 180 million USD 5 days as of 07/14/2025 BlackRock ETF Fund (ETHA) – 137 million USD (inflow in one day) 07/11/2025 Total ETH ETF 380,000 ETH – last 9 days
Frequently Asked Questions
What is zero-knowledge proof and why is it important for Ethereum? Zero-knowledge proof allows the verification of information without revealing details, reducing computation load and increasing transaction speed, helping Ethereum scale without sacrificing security. Who is behind Ethereum's zkEVM development strategy? The Ethereum Foundation is the leading organization, focusing on integrating zkEVM to enhance scalability and privacy, which has been highly regarded by ARK Invest. What is SharpLink's purpose for purchasing ETH? SharpLink operates in gaming and has purchased a significant amount of ETH for investment or as a reserve asset, indicating substantial interest from the public enterprise sector. What is the current trading price of ETH? ETH is trading around $3,044 with a 24-hour trading volume of $32.2 billion, showing rapid growth recently. What role do ETFs play in ETH's price? The influx of capital into ETFs has drained ETH supply, creating upward price pressure and reflecting sustained confidence from institutional investors.
Source: https://tintucbitcoin.com/cathie-wood-ung-ho-manh-ethereum-zk/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
