Cathie Wood: Sovereign wealth funds are starting to allocate Bitcoin, and the institutional share of open futures contracts has risen to about 63%

2025-02-09 16:18:21

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ChainCatcher news, Ark Invest founder, CEO, and Chief Investment Officer Cathie Wood stated in an interview with Bloomberg that the model of DeepSeek may attract more companies to join the open-source AI camp, thereby breaking the existing market pattern and forming a new competitive landscape.

Cryptocurrency is the next internet revolution and is currently witnessing a triple paradigm shift: first, the proportion of institutions in Bitcoin futures open interest has risen from 17% in 2020 to 63%; second, sovereign wealth funds are beginning to allocate, with the Norwegian Oil Fund disclosing last month that it holds 42,000 BTC. Most importantly, Bitcoin is becoming a balance sheet tool for tech companies—MicroStrategy holds 214,000 coins, and Tesla also has strategic reserves.

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