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Investment News: Cathy Wood Rejects TRUMP

Kathy Wood Dismisses TRUMP Coin, Focuses on Major Cryptos

  • Kathy Wood, CEO of Ark Invest, comments on the meme coin TRUMP’s low utility.
  • Ark Invest will not invest in TRUMP, focusing instead on Bitcoin, Ethereum, and Solana.
  • Wood acknowledges meme coins’ symbolic role in the cryptocurrency revolution.
  • The introduction of TRUMP by Donald Trump gained significant attention.
  • Wood is optimistic about the growth potential of the DeFi sector.

Kathy Wood and Ark Invest are not investing in the TRUMP meme coin due to its minimal utility, choosing instead to focus on established cryptocurrencies like Bitcoin, Ethereum, and Solana.

Source (2.6)https://hodl.press/cathy-wood-dismisses-trump-asset-wont-invest/?rand=24434
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