SEC Won’t Approve Spot ETFs Other Than BTC, ETH: Cathie Wood
Founder and CEO of the asset management firm Ark Invest, Cathie Wood, stated that she doesn’t see the Securities and Exchange Commission (SEC) approving spot exchange-traded funds (ETFs) tied to cryptocurrencies other than Bitcoin and Ethereum. In a statement given during her interview with WSJ’s Take On the Week podcast, Wood talked about the probability...