Cathie Wood: For users seeking convenience, ETFs have a certain appeal regardless of how widespread cryptocurrency wallets become in the future

ChainCatcher news, according to Cointelegraph, ARK Invest CEO Cathie Wood stated that regardless of how high the adoption rate of crypto wallets is in the next decade, cryptocurrency exchange-traded funds (ETFs) may maintain their position in the economy.

Cathie Wood said on May 23 at the Solana Accelerate event in New York: "I think ETFs are an important stepping stone because, you know, wallets look very complicated, and there's a lot of friction for consumers; they just want to press a button." "So I think for those who are seeking convenience, ETFs won't lose much appeal."