Cathie Wood: Doesn't believe the SEC will approve ETFs beyond Bitcoin/Ethereum

2024/02/13 01:39

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Cathie Wood, the founder of ARK Investment Management, stated that she does not believe the Securities and Exchange Commission will approve exchange-traded funds (ETFs) holding cryptocurrencies other than Bitcoin and Ethereum.

In an interview with The Wall Street Journal's "Take On the Week" podcast, Wood said: "We would be surprised if the Securities and Exchange Commission approved any other cryptocurrency besides Bitcoin and Ethereum."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cathie Wood: Doesn't believe the SEC will approve ETFs beyond Bitcoin/Ethereum

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