ARK Invest is teaming up with 21shares to launch new crypto-focused ETFs. ARK Invest Founder and CEO Cathie Wood says the partnership made sense given how complementary the firms’ areas of expertise are. Wood says that bitcoin (BTC-USD) is “the first global, digital, private rules based monetary system in history” adding that global monetary policy is “unhinged, it’s not hinged to anything except human decision-making” and that “the monetary system is bitcoin.”
Ark is one of the several firm trying to launch a spot bitcoin ETF. Wood says “something has changed,” noting that the Securities and Exchange Commission has responded to their application with questions instead of just rejecting it. Wood believes this means that the odds of approval have gone up. Overall, Wood is still bull on bitcoin, saying her base case for the cryptocurrency is $600,000-$650,000. However, she thinks it could go higher, given the currency’s scarcity and the potential for more institutional investment if a spot bitcoin ETF is approved.
You can see the full interview with ARK Invest’s Cathie Wood on Wednesday, November 15 at 9 a.m. ET on Yahoo Finance.
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Please Can someone tell me,What is the best way to make money from crypto market .
Start buying crypto now and be patient. Patience is key here
Buy quality assets like BTC and ETH and others with good teams, tokenomics, etc , dollar cost average and hold on to them, and don’t give in to emotion and trade the ups and downs. Don’t try to time the market. Take profits along the way. Self-custody your coins when you get familiar with how to do so. Safeguard your passwords. Don’t tell anyone about your assets. Educate yourself, and do your own research.
Watch the channel Bitcoin University! Buy Bitcoin and self-custody. Learn and wait
Buy Cardano
Buy XRP Solana polka dot hbar, avalanch then just hold sell late 2025
Great interview, thank you
Gekko HQ is the best coin for 2024 it’s going insane!!!!!!!!
LOL. There are muppets out there still willing to lose more money with Cathie Wood. They deserve to lose more.
Boring plain jane..i pass
Arrogance will get you nowhere.
Good old.cheerleader out at it again😂
I doubt anything happened for many reasons
gooo bitcoin!
Great interview
Solana 🔥🔥🔥
So grayscale can mess this up for everybody?
Great transmission, as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that’s about it ,but the truth is that I don’t even care much about the bull or bear market anymore because Thomas. covered me while I’m doing comfortable. 2.3 BTC per month.
He interacts on Telegrams, the user below,s
@Easton400 VlA TE L E G R AM..
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
A lot has changed and that’s on everything but the truth is that i don’t even care much about bullish or bearish market because Thomas Strategy got me covered, I am comfortably earning monthly.
His strategy has been helping a lot of traders/newbies out there, with his program i was able to recover my losses from the crash so swiftly.
Bitcoin is not private. It’s one of the few things in this world that is truly public; owned by everyone, yet controlled by noone.
Controlled by no one 😂😂 it’s a controlled market
she knows nothing about crypto, see how her eyes lit up when she talked about that future customers enthusiasm into crypto
The SEC MUST approve at least one spot bitcoin etf before the end of 2023. This is required. Congress must enforce it.
Gekko HQ the best coin for 2024