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 because they provide a convenient way to invest. 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, and Ethereum remains the preferred entry point for the smart contract ecosystem, but may shift towards chains like Solana in the future. Her team is researching Solana's pricing model.
In addition, the event of Trump issuing TRUMP memecoin on the Solana network may make some institutional investors cautious and could deter older investors.
