Cathie Wood predicts that multiple spot Bitcoin ETFs will receive approval.

Ajay110 · Post time 20-10-2023 11:17:51

Cathie Wood, the CEO of Ark Invest, expressed optimism today during an interview with CNBC's Halftime Report host regarding the potential approval of Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). She mentioned that the SEC choosing to pose questions rather than outright rejecting the filings "indicates willingness" to move forward. Wood emphasized the growing optimism within the crypto community regarding Bitcoin ETFs and stated that multiple Bitcoin ETFs may receive approval by late 2023 or early 2024, adding that Ark's application has a final deadline of January 10th.

Ritu77 · Post time 20-10-2023 12:41:40

Let's keep moving forward!

Yamini003 · Post time 20-10-2023 12:53:10

This approval will also have to wait until next year.

Kahn332 · Post time 20-10-2023 23:29:49

Getting approval is really crucial.