Cathie Wood has changed her view on the approval of Bitcoin ETFs
She now believes that the SEC may approve multiple spot-Bitcoin ETFs simultaneously, instead of approving them one by one. This comes after her earlier expectation that her firm would be among the first to receive approval for a Bitcoin ETF. Bloomberg ETF analyst James Seyffart also shares the same opinion, stating that the path of least resistance for regulators is to approve multiple spot bitcoin ETFs at once or possibly all of them together.
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She now believes that the SEC may approve multiple spot-Bitcoin ETFs simultaneously, instead of approving them one by one. This comes after her earlier expectation that her firm would be among the first to receive approval for a Bitcoin ETF. Bloomberg ETF analyst James Seyffart also shares the same opinion, stating that the path of least resistance for regulators is to approve multiple spot bitcoin ETFs at once or possibly all of them together.
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