According to reports from Wu, ARK Invest CEO Cathie Wood stated that Trump's election will lead to a wave of private company acquisitions, as the demand for mergers and acquisitions hindered by cumbersome regulatory procedures will be unleashed.
She pointed out that adjustments in the Federal Trade Commission's policies will create liquidity opportunities for venture capital, and Musk will play an important role in reducing the size of government.
At the same time, Wood reiterated that Bitcoin will surpass $1 million by 2030, emphasizing that Bitcoin has a scarcity advantage over gold, as gold prices rise, mining companies will increase production, while Bitcoin will not.