According to Odaily, the founder of Ark Invest, Cathie Wood, recently commented on the social media platform X, expressing her views on the Ethereum Foundation's initiatives in scalability and privacy. Although she admitted to not fully understanding all the technical details, Wood believes these efforts are crucial to maintaining Ethereum's leadership in the institutional sector. Previously, on July 10, the Ethereum Foundation announced plans to integrate zero-knowledge (zk) technology into Ethereum's Layer 1. This update is expected to bring significant changes in scalability and privacy, potentially influencing Ethereum's future development trajectory. #ETH