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Cathie Wood predicts SEC will approve multiple spot Bitcoin ETFs at once

Cathie Wood, founder and CEO of ARK Investment Management, has suggested that the SEC will approve multiple spot Bitcoin ETFs at the same time. In an interview with Bloomberg, Wood predicted that if the SEC moves forward with any application currently under consideration, it will approve "more than one [ETF] at once." Grayscale has also proposed that all proposed spot Bitcoin ETFs be approved at the same time to avoid one having an advantage over another. The SEC has received crypto ETF applications from Invesco, BlackRock, Valkyrie, VanEck, Wisdom, Fidelity, and ARK Invest.

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