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

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

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ChaincatcherChaincatcher2025/05/25 05:23

According to ChainCatcher, as reported by Cointelegraph, ARK Invest CEO Cathie Wood stated that regardless of the adoption rate of crypto wallets in the next decade, crypto exchange-traded funds (ETFs) are likely to maintain their position in the economy.

On May 23, at the Solana Accelerate event in New York, Cathie Wood said, "I think ETFs are an important stepping stone because, you know, wallets look very complex and create a lot of friction for consumers who just want to press a button." "So I think ETFs won't lose much appeal for those seeking convenience."

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