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ARK’s Cathie Wood & Grayscale’s Michael Sonnenshein on Bitcoin’s Big Win 01/11/24

Squawk Pod

English - January 11, 2024 17:41 - 26 minutes - 24.6 MB - ★★★★ - 450 ratings
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Previous Episode: The Nuts & Bolts of Boeing’s Safety Checks & X Marks the (False) Spot 01/10/24
Next Episode: Bill Ackman on Antisemitism, Stakeholder Activism, and Harvard’s Future 01/12/24

After over 10 years of opposition to the idea, the SEC finally approved 11 spot bitcoin ETFs to begin trading. In this cryp-tastic episode, Grayscale’s Michael Sonnenshein discusses his firm’s spot bitcoin ETF offering and ARK Invest’s CEO and CIO Cathie Wood discusses details of her firm’s own offering. The two weigh in on the fee wars, the long journey to regulatory legitimacy, and the next milestone for digital assets. Plus, hear Coinbase CEO Brian Armstrong’s first reaction to the approval, and Pomp Investments’ Anthony Pompliano’s expectations for the future of bitcoin. 

 

Michael Sonnenshein - 06:12

Cathie Wood - 18:26

 

In this episode: 

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

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