- Cathie Wood remarked Bitcoin ETF as “the most liquid way to access exposure to Bitcoin.”
- Max Keiser criticizes Wood’s statement, dismissing it as false and “misleading.”
- According to Keiser, Bitcoin ETFs do not give investors the right to take delivery of actual BTC.
Ark Invest CEO Cathie Wood acknowledged Bitcoin ETF as “the most liquid way to access exposure to Bitcoin” in a recent interview. The American financial broadcaster Max Keiser, censured Ark Invest CEO’s statement as “false” and “misleading.”
Cathie Wood acknowledged Bitcoin ETF
In an interview with CNBC, Wood addressed the imminent launch of Spot Bitcoin ETF, asserting that the latest signs of the Securities and Exchange Commission (SEC) are “very encouraging.” Reinforcing anticipations of the Bitcoin ETF launch in 2024, Wood elaborated on the potential benefits of the exchange-traded funds. She noted,
If we’re right, a spot Bitcoin ETF will be the most liquid way to access exposure to Bitcoin. I think that liquidity, and the ability to move in and out quickly is going to be important to institutions.
Wood based her statements on Bitcoin ETFs’ potential us…
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