Odaily Planet Daily reports that ARK Invest founder Cathie Wood stated in an interview that Bitcoin represents a brand new global monetary system and asset class, and remains the first choice and starting point for institutions entering the crypto space. It should be prioritized in institutional asset allocation. Additionally, the narratives around Ethereum and Solana are changing. Ethereum is the infrastructure of choice for institutions, with second-layer solutions built on Ethereum. However, with the rapid growth in the number of L2 solutions, whether they will become "commoditized" remains to be seen. Solana is more oriented towards a consumer-facing blockchain ecosystem and also has the potential to become part of institutional expansion in the future. bsv

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