Cathie Wood’s forecasting of spot Bitcoin ETFs

Cathie Duddy Wood is well known in both the mainstream financial and crypto environments.

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She is the founder, CEO, and CIO of investment firm ARK Invest and is well known for her performance, especially in the tech sector.

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During an interview with Bloomberg yesterday, Cathie Wood said that, if approved, she is forecasting that spot Bitcoin ETFs could be approved all together.

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For several years now, there have been ETFs that allow people to take a position on the price of Bitcoin using the normal platforms of traditional exchanges.

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BlackRock is the world’s largest asset manager, and it recently filed an application with the SEC to issue an ETF on spot Bitcoin.

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As soon as news broke of BlackRock’s application, many other ETF issuers in the US filed additional similar applications.

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