ARK Invest CEO Cathie Wood stated that the company is adjusting its investment portfolio, no longer limited to the "Seven Giants", to align with the next wave of innovation. She listed Bitcoin as the primary cryptocurrency allocation, followed by Ethereum and Solana, while cryptocurrency-related stock positions are mainly concentrated in Coinbase, Robinhood, and Circle. Wood pointed out that ARK's total exposure to cryptocurrencies is approximately 12%–13%, and she believes the next major catalyst will be large wealth management firms officially incorporating spot Bitcoin and Ethereum ETFs into client portfolios. She explained that reducing Tesla holdings was a rebalancing act after Tesla's strong performance, during which the company reinvested profits into crypto assets.