Cathie Wood: For users seeking convenience, regardless of how widespread cryptocurrency wallets become in the future, ETFs will always have a certain appeal.

2025-05-25 03:27:07

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PANews, May 25 news, according to Cointelegraph report, ARK Invest CEO Cathie Wood stated that regardless of how high the adoption rate of encryption wallets is in the next decade, encryption exchange-traded funds (ETFs) may maintain their position in the economy. Cathie Wood said on May 23 at the Solana Accelerate event in New York: "I think ETFs are an important stepping stone because, you know, wallets look very complicated, and there is a lot of friction for consumers, they just want to press a button." "So I think for those seeking convenience, ETFs won’t lose much appeal."

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RebOWage

· 19h ago

Which coins are in your portfolio now?

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Youduoduo

· 20h ago

PANews May 25 news, according to Cointelegraph, ARK Invest CEO Cathie Wood stated that regardless of how high the adoption rate of encryption wallets may be in the next decade, encryption exchange-traded funds (ETFs) are likely to maintain their position in the economy. Cathie Wood stated on May 23 at the New York Solana Accelerate event: "I think ETFs are an important stepping stone because, you know, wallets look very complicated, and there's a lot of friction for consumers; they just want to press a button." "So I think for those who pursue convenience, ETFs won't lose much appeal."

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