TechFlow news, according to The Block, ARK Invest CEO Cathie Wood said during the FTX Bahamas conference that she hopes for progress in crypto-friendly regulation. Legislators should focus more on technology rather than financial services, and those who approach the issue from a technological perspective are embracing it.
Although ARK's spot Bitcoin ETF application was recently rejected earlier this month, Cathie Wood stated they would still refile the application at some point.
In addition, Mike Novogratz, founder of cryptocurrency investment firm Galaxy Digital, believes that a spot Bitcoin ETF could be approved this year or next.
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