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Cathie Wood Speculates SEC Chair’s Political Aspirations Are Hindrances Towards Judgment Call on Bitcoin Spot ETF
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The US Securities and Exchange Commission (SEC) remains unyielding amidst escalating interest in a Bitcoin spot exchange-traded fund (ETF), and Ark Invest’s Cathie Wood believes she may have identified the reason.
Making a special appearance on CNBC’s Squawk Box earlier today, the veteran investor and founder of one of the largest US asset management firms said the SEC boss’ political dreams might be a huge hindrance in the approval of a Bitcoin spot ETF.
CATHIE WOOD: Gensler's reluctance toward a spot #Bitcoin ETF stems from his fear of manipulation, despite teaching about #Bitcoin at MIT
Read more on cryptonews.comAbout this in other media
ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms cointelegraph.com /1 year ago
Fidelity seeks green light for Ethereum ETF, following BlackRock's filing cointelegraph.com /1 year ago
Another Round of Bitcoin Spot ETF Rejections Likely: BitGo CEO cryptonews.com /1 year ago
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