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Futures
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Cathie Wood Expects SEC to Approve Multiple Spot Crypto ETFs Simultaneously – What_s Going On?
In an interview on August 7, Cathie Wood, the CEO of ARK Investment Management, stated that the US Securities and Exchange Commission (SEC) might approve multiple spot-Bitcoin exchange-traded funds (ETFs) simultaneously.
This marks a change from her belief that her firm would be the first to receive approval for the much-awaited product.
"I think the SEC, if it_s going to approve a Bitcoin ETF, will approve more than one at once," the ARK Investment Management CEO and CIO told Bloomberg TV Monday.
Cathie Wood predicted that the SEC would approve multiple ETFs if it proceeds with any current applications under consideration.