Cathie Wood, founder and CEO of Ark Invest, recently spoke with Schwab Network about the approval of the first spot BTC ETF in the United States and her personal investment in Bitcoin. As a long-time supporter of crypto assets, Wood candidly revealed that about 25% of her net worth is invested in BTC, although she also admitted that this is just a rough estimate.

Wood's investment decisions reflect her deep belief in her research field. She said that she has great confidence in the innovative research conducted by Ark Investments, and that these studies have made her more aggressive in the field of cryptocurrency. In fact, Wood's net worth is not limited to Bitcoin, and Ark's investment funds and private funds also cover other digital assets.

With the US SEC's approval of the spot BTC ETF, Ark Investments is in a fierce market competition with 11 other fund management companies such as VanEck and BlackRock. These companies are committed to grabbing the market share of this new financial product. Shortly after obtaining approval, Ark Investments released a new advertisement to attract potential investors while promoting its BTC-based products with a management fee of only 0.25%.

Wood mentioned that there was some confusion a few days before the approval of the spot BTC ETF, including the SEC account being hacked and issuing a false report on the ETF approval. This confusion is not only worrying, but also reflects the market's desire for crypto assets such as Bitcoin.

Finally, Wood emphasized the importance of Bitcoin as an innovation path for Ark Investments. She believes that BTC is not only an asset, but also a path to democratization and innovation. Ark Investments is committed to providing clients with innovative investment opportunities in various fields such as public markets, innovation funds, and private market venture capital. The approval and investment of BTC marks the extension and democratization of this innovation path, heralding that it will become one of the most important assets in history.

Source: https://www.zhucebian.com/?wanzhuan/275.html

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