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Cathie Wood: Sovereign Wealth Funds Start Allocation of Bitcoin, Institutional Accounting in Futures Open Contracts has risen to about 63%
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3 hours ago 2,273
Golden Finance reported that Ark Invest founder, CEO and Chief Investment Officer Cathie Wood said in an interview with Bloomberg that the DeepSeek model may attract more companies to join the open source AI camp, thereby breaking the existing market structure and forming a new one. Competitive situation. Cryptocurrencies are the next Internet revolution and are currently witnessing the triple paradigm transformation: first, the proportion of institutions in Bitcoin futures open contracts rose from 17% in 2020 to 63%; second, sovereign wealth funds began to allocate, and Norwegian oil funds Last month, it disclosed that it held 42,000 BTC. Most importantly, Bitcoin is becoming a balance sheet tool for technology companies - MicroStrategy holds 214,000 coins, and Tesla also has strategic reserves.
Keywords: Bitcoin
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