Cathy Wood, CEO of ARK Invest, provided visions about how Donald Trump’s return to the White House could change the scene of encrypted currencies.
Woods referred to the early signals of the management of encrypted currencies through recent appointments and market developments. Speaking about the Bloomberg ETF IQ, Wood highlighted Trump’s participation before his inauguration in digital currencies (which have collapsed since then) as an indication of his commitment to encrypted currencies.
She also praised the appointment of Paul Atkins as a commissioner for the Securities and Stock Exchange Committee, describing it as “a supporter of encrypted currencies”, and expects to organize digital assets – or cancel organizational restrictions – under his leadership.
Speaking about the emergence of Trump’s metal currencies, such as the official Trump coin (TROMP), Wood drawing similarities with the initial offering movement of the currency (ICO) for the year 2017. She suggested that although these symbols may lack immediate benefit, they are, but they are It works to introduce cryptocurrency to new fans.
For the full clip, see below.
“The ICO movement in 2017 brought this new technology to a completely new group of people,” Wood said. I compared the first days to adopt the Internet, when the broad investment in infrastructure ultimately led to technological progress.
When discussing specific investments in encrypted currencies, Wood emphasized the ARK focus on the “big three” – Bitcoin, Ethereum, and Solana – instead of the nimexial currencies. It highlighted the Arkb’s ARKB as one of the largest investment funds circulating for the instant bitcoin, while maintaining exposure to ETHEREUM and Solana through private boxes.
Wood expressed optimism about the Trump economic agenda, explaining how the new administration changes “fear to optimism” and that the abolition of organizational restrictions “unleashes animal spirits.”
She says ARK investment strategies have started to show positive momentum while increasing the desire to risk. However, Wood stressed that their primary approach to investing in innovation has not changed.
The discussion showed Wood’s view that the mix of political support, organizational clarity and market changes under the Trump administration can accelerate the adoption of the encrypted currency.
