Cathie Wood Says Bitcoin ETF Approval Threatens Grayscale's Edge
Cathie Wood Says Bitcoin ETF Approval Threatens Grayscale's Edge
ARK Invest CEO Cathie Wood anticipates that the impending approval of a Bitcoin ETF (CRYPTO: BTC) in the U.S. could significantly alter the dynamics of the crypto market, particularly impacting the Grayscale Bitcoin Trust (OTC:GBTC).
ARK Invest首席执行官凯茜·伍德预计,美国即将批准的比特币ETF(加密货币:BTC)可能会显著改变加密市场的动态,尤其是影响灰度比特币信托(场外交易代码:GBTC)。
What Happened: Talking to CNBC, Wood suggested that GBTC's dominance in the crypto market could be challenged by a U.S Bitcoin ETF. Such a product, if approved by the Securities and Exchange Commission (SEC), would be a direct competitor to GBTC, offering institutions a new avenue to gain exposure to cryptos.
发生了什么:伍德在接受CNBC采访时表示,美国比特币ETF可能会挑战GBTC在加密市场的主导地位。这样的产品如果获得美国证券交易委员会(SEC)的批准,将成为GBTC的直接竞争对手,为机构提供了一种接触加密货币的新途径。
"We had to own a security, so the only way we could [buy into bitcoin] ... was through GBTC and that became the most liquid way to gain exposure," Wood recalled.
伍德回忆说:“我们必须拥有证券,所以我们 [买入比特币] 的唯一途径... 是通过GBTC,这成为获得风险敞口的最具流动性的方式。”
"We think that's going to change completely. There are going to be lot more liquid ways to gain exposure when we see some of these approvals," she added.
“我们认为这将彻底改变。当我们看到其中一些批准时,将会有更多流动的方式获得曝光,” 她补充说。
Several firms, including ARK Invest in partnership with 21 Shares, are in the queue awaiting the SEC's green light to launch a Bitcoin ETF. Despite similar products existing in Canada and Europe, this would be the first such ETF in the U.S. Wood also expressed hope about a potential surge of new investors into the crypto market following ETF approval but warned of possible profit-taking if the market cools down post-launch.
包括与21 Shares合作的ARK Invest在内的几家公司都在排队等待美国证券交易委员会批准推出比特币ETF。尽管加拿大和欧洲也有类似的产品,但这将是美国第一只此类ETF。伍德还表示希望,在ETF获得批准后,新的投资者可能会涌入加密市场,但警告说,如果市场在推出后降温,可能会出现获利回吐。
See Also: EXCLUSIVE: Robinhood Showcases Self-Custody Option — 'You Get More Crypto For The Dollar'
另见:独家:Robinhood 展示了自我托管选项—— “你可以用一美元获得更多的加密货币”
In the meantime, ARK Invest has sold $6 million worth of GBTC shares, a move Wood describes as routine profit-taking.
同时,ARK Invest已出售价值600万美元的GBTC股票,伍德将此举描述为例行的获利回吐。
Why It Matters: The SEC's stance on Bitcoin Spot ETFs has reportedly changed, according to Wood. Earlier, she noted that initial filings for such an ETF were swiftly rejected by the SEC. However, recent interactions between ARK Investment and the SEC suggest a shift in attitude, fueling optimism for future approvals.
为何重要:据伍德称,据报道,美国证券交易委员会对比特币现货ETF的立场发生了变化。此前,她指出,此类ETF的初始申请很快被美国证券交易委员会拒绝。但是,ARK Investment与美国证券交易委员会最近的互动表明态度发生了转变,这加剧了人们对未来批准的乐观情绪。
This change in the SEC's approach, combined with the potential approval of a Bitcoin ETF, could indeed reshape the crypto investment landscape. While it could pose a challenge to existing trusts like GBTC, it could also draw in a new wave of investors, thus driving the crypto market forward.
美国证券交易委员会方法的这种变化,加上比特币ETF的潜在批准,确实可以重塑加密投资格局。尽管它可能对GBTC等现有信托构成挑战,但它也可能吸引新一轮的投资者,从而推动加密市场向前发展。
Read Next: Finder's ETH Forecast Hits $5.8K By 2025
继续阅读:到2025年,Finder的以太坊预测将达到58万美元
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