Cathie Wood: Indirectly holding Solana through Breera Sports, the development of Hyperliquid is reminiscent of Solana's early days

ChainCatcher news, ARK Invest CEO Cathie Wood stated in an interview with the Master Investor podcast that the Hyperliquid protocol reminds her of the early potential of Solana, calling it "a rising star in the blockchain space." She noted that Solana has proven its value and has entered the mainstream of blockchain.

Currently, ARK Invest primarily holds three types of crypto assets in its public funds: Bitcoin, Ethereum, and Solana. Wood revealed that the company indirectly holds Solana assets through Breera Sports, a project associated with the Solana treasury and supported by Middle Eastern investors. Additionally, she mentioned that economist Art Laffer provides advisory support for the project.

Although Wood did not confirm whether she holds Hyperliquid assets, she believes the protocol is worth watching. She emphasized that Bitcoin remains the core of her crypto investments, asserting that Bitcoin dominates the pure cryptocurrency space, characterized by its fixed supply and risk resilience. She added that Ethereum plays a significant role in the DeFi ecosystem, while the influence of stablecoins is rising, but Bitcoin remains central to ARK's long-term investment thesis.

Earlier, Cathie Wood stated that Ethereum cannot surpass Bitcoin, disagreeing with Tom Lee's viewpoint.