{"id":1198,"date":"2024-10-16T04:32:09","date_gmt":"2024-10-16T04:32:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1198"},"modified":"2024-10-16T04:32:09","modified_gmt":"2024-10-16T04:32:09","slug":"cathie-woods-ark-invest-says-ethereum-is-a-big-idea-that-will-transform-the-financial-services-industry-eth-is-beginning-to-develop-attributes-similar-to-us-treasury-bills","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1198","title":{"rendered":"Cathie Wood&#8217;s Ark Invest Says Ethereum Is A Big Idea That Will Transform The Financial Services Industry \u2014 ETH Is Beginning To &#8216;Develop Attributes&#8217; Similar To US Treasury Bills"},"content":{"rendered":"<div>\n<p>Asset management firm <strong>Ark Invest<\/strong> expressed belief in the transformative potential of the <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) network for the financial services industry.<\/p>\n<p><strong>What Happened<\/strong>: On Tuesday, <strong>Cathie Wood,<\/strong> the influential founder of the company, shared on X a research paper that explained why Ark Invest<strong> <\/strong>believes Ethereum and its staking yield would play a critical role in decentralized finance (DeFi).<\/p>\n<p>The paper highlighted Ethereum\u2019s position as an \u201cinstitutional-grade asset\u201d with yield-bearing potential. <\/p>\n<p>\u201cOur research suggests that, as an asset, ETH is beginning to develop attributes in the digital asset space similar to those of U.S. Treasury bills,\u201d the paper read.<\/p>\n<p>Ark Invest added that ETH and its staking yield were becoming benchmarks, or reference indicators, within the digital asset industry, used to evaluate other Layer 1s, risk profiles, and returns.<\/p>\n<p>Furthermore, the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41349588\/cathie-woods-ark-invest-says-ethereum-is-a-big-idea-that-will-transform-the-financial-serv\" alt=\"Cathie\" wood ark invest says ethereum is a big idea that will transform the financial services industry eth beginning to attributes similar us treasury bills>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Asset management firm Ark Invest expressed belief in the transformative potential of the Ethereum (CRYPTO: ETH) network for the financial services industry. What Happened: On Tuesday, Cathie Wood, the influential founder of the company, shared on X a research paper that explained why Ark Invest believes Ethereum and its staking yield would play a critical [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1198","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1198"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1198\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}