Crypto ETFs won't lose 'their luster' as wallet adoption grows -- Cathie Wood

ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy no matter how big crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” Wood said at the Solana Accelerate event in New York on May 23. Wallets remain an insurance policy, says Wood “So ETFs for those who want the conveni...