Cathie Wood: US SEC May Approve Many Bitcoin ETFs At Once

Crypto News: Cathie Wood, the popular investor and the founder of ARK Invest, on Monday said she does not expect the U.S. Securities and Exchange Commission (SEC) to deliver a decision on the company’s spot Bitcoin ETF filing within the next deadline, which falls on Sunday, August 13, 2023. However, she does not believe the agency would view the ETF filings individually. In the recent months, the crypto market was largely driven towards the bullish path thanks to the news around the spot ETF filings from the likes of Blackrock, Valkyrie, Wisdom Tree and Fidelity.