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Cathie Wood: For users who pursue convenience, no matter how popular crypto wallets become in the future, ETFs will have a certain appeal

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2025-05-25 03:34:58
ARK Invest CEO Cathie Wood said that no matter how high the adoption rate of crypto wallets is in the next decade, crypto exchange-traded funds (ETFs) are likely to maintain their position in the economy.
Cathie Wood said at the Solana Accelerate event in New York on May 23: "I think ETFs are an important stepping stone because you know, wallets look very complicated and there's a lot of friction for consumers who just want to push a button." So I don't think ETFs will lose much of their appeal for those who are looking for convenience. "
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