TechFlow news — On December 2, Cathie Wood, founder of Ark Investment Management, said in a Bloomberg report that she anticipates a regulatory easing environment under President-elect Trump, especially in the fields of technology, cryptocurrency, and digital assets. She pointed out that due to overregulation by current SEC Chair Gensler, the U.S. has nearly lost its competitive edge in cryptocurrency.
Wood emphasized that cryptocurrency and artificial intelligence are key technological platforms the U.S. must embrace to maintain global leadership. She expects that under Trump’s new administration, markets will shift from the past four years’ concentration in a few large tech stocks toward broader innovation, benefiting small and mid-sized companies at the forefront of innovation. Regarding Trump’s tariff policies, Wood believes they would be justifiable if tax cuts are used to offset their impact.
