According to Cointelegraph, Cathie Wood, CEO of ARK Invest, stated that regardless of the high adoption rate of cryptocurrency wallets in the next decade, cryptocurrency exchange traded funds (ETFs) are likely to maintain their position in the economy. Cathie Wood said at the Solana Accelerate event in New York on May 23, 'I think ETFs are an important stepping stone because you know, wallets look very complicated and there's a lot of friction for consumers who just want to press a button.'. So I believe that for those who pursue convenience, ETFs will not lose too much appeal.
