Cathie Wood reveals that the strategy to thwart Wall Street appeared originally on Thestreet.
The CEO of Ark Invest, Cathie Wood, is full of Ethereum cash companies, a few days after throwing Robinhood and Coinbase actions.
In a tweet on July 26, Wood responded to the sudden request to untie Ethereum, asked by Brett Winton, chief futuristic of Ark Invest.
According to an analysis by Galaxy, Ethereum saw a massive peak in the “unknown” activity from July 16. In just six days, the number of validators trying to leave the Ethereum network stammening has increased from around 1,920 to more than 475,000. This represents an increase of 24,000% – and it caused the average waiting time that a validator discourages his assets under an hour to more eight days.
Galaxy believes that it was not only because of the recent Ethereum prices rally or changes compared to the last upgrade of “pectra” – it was widely triggered by a strong increase in borrowing rates of the ETH, which made popular yield strategies suddenly not profitable.
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To understand this, it helps to understand a few bases. Ethereum uses a system called proof-of-stake, where users called validators lock the ETH to help execute the network and gain rewards. This process is called stake. When they want to remove their ETH – known as the lag – they enter a queue queue. A validator cannot leave once he is approved by the network, which guarantees stability. But when everyone rushes to go out at the same time, this queue becomes long – just like a crowded bank withdrawal.
What Galaxy has noticed is that an increase in borrowing costs of ETH has prompted investors to relax “closure” strategies (like marrying, borrowing eTh against him and marked out again), which has made many of them quickly withdraw – by creating a bottleneck and putting stress on liquid tokens like Steth de Lido and others, who are supposed to remain With ething, but briefly slipped below the value during chaos.
“Robinhood offering a 2% correspondence for crypto transfers, and VCs and other investors moving the ETH marked in cash companies (DAT) to double their money at the expiration of locks.” She then added: “As for $ MSTR $ BMNR, treasury actions are a way in which customers can give customers an exhibition to the BTC and ETH.”
Wood’s press release occurs just a few days after Ark Invest sold more than 30,000 Coinbase shares worth around $ 12 million, as well as more than 11,000 Robinhood shares, worth around 1.1 million dollars. The company also sold actions from Jack Dorsey’s Block and its own Bitcoin, Arkb. But what stood out the most is the allowance of $ 116 million in Ark in Bitmine immersion technologies – a cash flow company focused on Ethereum supported by Peter Thiel.
Bitcoin is the largest major asset this year, up 78.8% so far – far exceeding money, gold and technology. He recently exceeded a summit of $ 122,000, cementing his advance. In comparison, Silver is up approximately 29.9%, while the Nasdaq 100 and the S&P 500 late.
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Robinhood launched a cryptographic matching match program, offering users a 1% bonus on net crypto transfers. If community deposits exceed $ 500 million, the match increases at 2%. The offer was valid until July 7, subject to the general conditions.
At the same time, cash companies like Bitmin – which specialize in the detention of large quantities of ETH – become more and more popular with VCs and institutional investors. These companies operate in a similar way to the way in which microstrate stocks have become an indirect indicator of Bitcoin exposure. With the growing relevance of Ethereum in Defi, many consider these cash stocks as a bridge between cryptographic infrastructure and traditional stock markets.
According to a Yahoo financing report, Bitmine now has more than a billion dollars of ETH, making it one of the largest public holders in Ethereum. The company’s strategy reflects the original Bitcoin-Treasury game launched by companies like Microstrategy.
ETH climbed more than 50% in the last month, and although it remains below its summit of $ 4,600 in 2021.
Cathie Wood reveals that the strategy to thwart Wall Street appeared for the first time on Thestreet on July 26, 2025
This story was initially reported by Thestreet on July 26, 2025, where it appeared for the first time.
