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BlockBeats News, December 14, ARK Invest founder Cathie Wood stated that during the 1011 flash crash, bitcoin was the most liquid among all crypto assets, and is usually the first to be sold off, dragging down other coins. Other cryptocurrencies experienced even larger declines. Now that the relevant information has been digested, the market may have bottomed out. Cathie Wood emphasized that bitcoin represents an entirely new global monetary system and asset class, making it the first choice and entry point for institutions entering the crypto space, and it should be prioritized in institutional asset allocation. Regarding ethereum and solana, Cathie Wood pointed out that the narrative is changing. Ethereum is the infrastructure of choice for institutions, with second-layer solutions being built on top of ethereum. However, with the rapid increase in the number of L2s, whether it will become "commoditized" remains to be seen. Nevertheless, the ethereum ecosystem continues to expand, and ethereum is our second choice. Solana is more oriented toward consumer-facing blockchain ecosystems and also has the potential to become part of institutional expansion in the future. In terms of asset allocation, Cathie Wood said that since the flagship strategy cannot directly hold crypto ETFs, ARK mainly participates in the crypto industry through equities, including a certain exchange, Robinhood, and stablecoin-related company Circle, and holds a small exposure to ethereum and solana. Currently, crypto-related assets account for about 12%–13% of the portfolio, which is a relatively appropriate proportion overall. She added that the market is watching whether large traditional financial institutions (such as Morgan Stanley, Bank of America, Wells Fargo, UBS, etc.) will officially introduce bitcoin through ETFs in this cycle, and this decision may become an important variable affecting the next phase of the market.

BlockBeats news, on December 14, according to relevant pages, the probability of a "Bank of Japan raising interest rates by 25 basis points in December" on Polymarket is currently reported at 98%, while the probability of rates remaining unchanged is 2%. According to public information, the Bank of Japan plans to announce its interest rate decision on December 19.