BitcoinWarrior

News and Education

Cathie Wood Outlines Role Of Bitcoin Post ETF Approval, Praises 21Shares: ‘The Plumbing Works’

Published by
Benzinga

Signs that the U.S. Securities and Exchange Commission (SEC) will approve a Spot Bitcoin exchange-traded fund (ETF) in January are “very encouraging.” That’s according to Ark Invest CEO Cathie Wood, who is collaborating with 21Shares on two futures ETF products centered on Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). In a Tuesday interview with CNBC’s Crypto World, Wood expressed that the SEC’s “depth of knowledge” and understanding of the issues has changed for the better and there will likely be approval by Jan. 10, 2024. See video below. “We’re watching the plumbing and the plumbing wo…

Read More