Cathie Wood believes that relaxing cryptocurrency regulations "unleashes the animal spirits."
Golden Finance reports that ARK Invest CEO Cathie Wood has conducted an in-depth analysis of how Donald Trump's return to the White House would change the cryptocurrency landscape. Wood expressed optimism about Trump's economic agenda and explained how the new government will "turn fear into optimism" and how deregulation can "unleash animal spirits". She said that with an increase in risk appetite, ARK's investment strategy has begun to show positive momentum. However, Wood emphasized that their fundamental method of investing in innovation remains unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%