“I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely […]
Category: Cathie Wood
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Wood recently asserted the crypto downtrend has improved the chances of a Bitcoin ETF securing regulatory approval.
Ark’s Q1 SEC report revealed holdings of 639,069 shares in Grayscale’s Ethereum Trust, worth more than $20 million.
Cathie Wood’s asset manager significantly boosted its stake in the Grayscale Bitcoin Investment Trust.
“The flood of demand has to be satisfied” for the SEC to feel comfortable with a bitcoin ETF, said Wood.
Wood said large companies are asking her if they should follow Square’s lead.