Cathie Wood stated that although she doesn't fully understand all the details, she believes the Ethereum Foundation's latest initiatives in scalability and privacy seem to be moving in the right direction. Previously, Raye Hadi pointed out that the Ethereum Foundation published a blog post on July 10, announcing plans to fully integrate zero-knowledge technology (zk) into the Ethereum mainnet (L1), which may have a significant impact on scaling and privacy. [Wu Shuo]