Cathie Wood Says Gensler ‘Denigrated’ Crypto With His Statement
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Cathie Wood
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Ark Investment Management LLC’s Cathie Wood said she was taken aback by Securities and Exchange Commission Chair Gary Gensler’s statement shortly after the agency approved around a dozen exchange-traded funds that will directly hold Bitcoin.
“He just denigrated the whole crypto space. I couldn’t believe it,” Wood said in a Bloomberg Radio interview aired on X. “This is par for the course in disruptive innovation.”