Cathie Wood Believes Crypto ETFs Will Remain Popular Despite Risks
ARK Invest chief executive Cathie Wood believes exchange-traded funds will remain a mainstay for mainstream investors, no matter how quickly self-custody wallets gain traction. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” she told ETF analyst Eric Balchunas at the Solana Accelerate conference in New York on May 23. “So ETFs for those who want the convenience, I don’t think, will lose a lot of their luster.” Wallets still offer vital protection, Wood argues While praising the ease of a ticker-based purchase, … Continue reading Cathie Wood Believes Crypto ETFs Will Remain Popular Despite Risks
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