Ark Invest Anticipates 'Major Legislative Breakthroughs' for Crypto with FIT21 and Ethereum ETFs

Ark Invest, led by Cathie Wood, has lauded the bipartisan support for the recently passed cryptocurrency bill in the House of Representatives. The firm believes this breakthrough could lead to a comprehensive regulatory framework for digital assets in the US. If FIT21 progresses to the Senate and Ethereum ETFs commence trading soon, the industry may witness significant legislative advancements.