đ„ CATHIE WOOD IS ALL IN ON ETH đ„
On CoinDesk today, Cathie Wood laid out why Ethereum is becoming the institutional protocol:
- Coinbase L2 = Ethereum
- Robinhood L2 = Ethereum
- Stablecoin boom is mostly happening on Ethereum
- $ETH treasuries offer utility and staking unlike Bitcoin treasuries
- âWe had a thesis Ethereum would be the institutional protocolâ - now itâs playing out in real time
- Ethereum might be higher cost and a little slower, but itâs decentralized more secure
- First time ARK ETFs have be able to take a solid position in ETH
- ARK invested in Tom Leeâs $BMNR, the largest ETH treasury in the world
The foundation of the next financial system is being laid out in real time
And itâs all on Ethereum â
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