PANews reported on January 23 that Cathie Wood, CEO and chief investment officer of ARK Invest, said in an interview with Bloomberg TV: “We don’t know how much practicality President Trump’s Meme Coin has, but Trump is “leading the next stage of the cryptocurrency revolution.”
In addition, Bloomberg analyst Eric Balchunas wrote on the X platform: "We asked Wood about TRUMP. She said it was a meme coin and she would not buy it because she only holds BTC, ETH and SOL. But she also doesn't think it's a terrible thing. She thinks it's part of a new stage that is coming and has certain practicality in the future."
