Still~Gbenga on Nostr: Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum. This ...
Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum.
This sentiment follows Franklin Templeton’s recent submission to the SEC, seeking approval for the launch of a spot Ethereum ETF.
Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum.
Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.”
This sentiment follows Franklin Templeton’s recent submission to the SEC, seeking approval for the launch of a spot Ethereum ETF.
Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum.
Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.”