Cathie Wood, CEO of ARK Invest, shared her view that the decentralized exchange Hyperliquid demonstrates prospects reminiscent of Solana’s development in its early stages. She emphasized that this project could follow a similar path to Solana, which transformed from a little-known platform into one of the leaders in the cryptocurrency market within a few years.
This is reported by Business • Media
Key Digital Assets in ARK Invest’s Portfolio
ARK Invest’s public funds hold three main cryptocurrencies: Bitcoin, Ethereum, and Solana. According to Cathie Wood, the company is actively working with the Solana ecosystem through the Breera Sports project, which is linked to ARK’s treasury and has received support from investors in the Middle East. Additionally, the fund is consulting with economist Art Laffer, who is also involved in this area.
Despite her interest in Hyperliquid, Wood noted that ARK Invest is not currently taking active positions regarding this protocol, but considers it worthy of attention. Her assessment came against the backdrop of increasing competition among decentralized perpetual futures exchanges, where Hyperliquid is one of the players.
Market Leadership and ARK’s Long-Term Strategy
In September 2025, it was reported that the Aster platform surpassed Hyperliquid in trading volumes, taking first place in the decentralized futures exchange sector. According to DeFiLlama, Aster recorded transactions totaling $25.77 billion in a single day, allowing the platform to become a leader in this metric.
Cathie Wood emphasizes that, despite the growing interest in new projects and altcoins, the cryptocurrency market will concentrate around a few major networks in the long term. She is confident that Bitcoin will remain the core of ARK Invest’s portfolio due to its unique properties as a “pure” cryptocurrency with a limited supply and a resilient monetary system. In her view, Ethereum plays a key role in the DeFi infrastructure, but it is Bitcoin that forms the foundation of the fund’s investment strategy.
“We don’t think there will be a lot of cryptocurrencies,” she stated.
In addition to the main cryptocurrencies, ARK holds derivatives, including Uniswap tokens and Solana-based assets. However, the fund’s investors primarily focus on Bitcoin, Ethereum, and Solana, which, according to Cathie Wood, drive the movement of the entire industry.
It was previously reported that the Native Markets project team won the vote to develop the USDH stablecoin for the Hyperliquid platform.