Cathie Wood: Bitcoin Holders Face Lending Challenges Due to High Proportion of Crypto Assets

Foresight News reports that ARK Invest CEO Cathie Wood tweeted, "The net assets of Bitcoin holders are mostly concentrated in cryptocurrencies, which has long made it difficult for them to obtain mortgages. If they transfer a portion of their Bitcoin to an exchange as collateral to purchase a new home that was previously unaffordable, I would not be surprised at all."