đ„đ„Cathie Wood speaks ahead of January 10: Signs of approval are strong
Cathie Wood, CEO of ARK Invest, which stands out as the first company to make a decision on the Bitcoin spot ETF application, stated that the signs are strong that the SEC will give approval.Wood also said that the institution's perspective on the crypto area of the SEC has changed and the depth of knowledge on this issue has also increased.
While the crypto world is waiting anxiously to see if the SEC will accept Bitcoin spot ETFs in the new year, an important assessment came from Cathie Wood on the subject.
"Most likely, approval will comeâ
Wood, who participated in the CNBC's âCrypto Worldâ program from the US media, stated that the signs are strong that the SEC will approve the ETF requests. Stating that the institution's perspective on cryptocurrencies has changed, at the same time, its depth of knowledge has increased, Wood said::
âThey have changed their perspective on the problems. Their knowledge is now deeper... There are strong signs that spot Bitcoin ETFs will be accepted in January. I think there will probably be an approval on January 10th. We are monitoring the studies. The company 21Shares, which we have a partnership with in this regard, is a company dedicated to this field and is the best in the world in its field.â
Wood also noted that after the adoption of spot ETFs, institutions and other investors will come to this area, and âThen investments will be sought to be further diversified. We also wanted to be ready for this situation, that is, the portfolio diversification strategies of the companies,âhe said.
