According to TechFlow, Cathie Wood, founder of ARK Investment Management, said she does not think the Securities and Exchange Commission will approve spot exchange-traded funds (ETFs) that hold 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 other than Bitcoin and Ethereum."
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Cathie Wood: SEC unlikely to approve cryptocurrency ETFs other than Bitcoin and Ethereum
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