ARK Invest CEO Cathie Wood: Bitcoin Spot ETFs will be approved by the end of the year, latest by Jan

Early this morning Cointelegraph published a false report that the BlackRock Bitcoin Spot ETF was approved by the SEC. In 15 minutes the price of Bitcoin shot up $3k before the story was discovered to be false. Bitcoin then fell back almost $2k, still $1k more than where it was. If this is the response in 15 minutes, imagine what will happen when they are approved for real, and a dozen all at once.

ARK Invest CEO Cathie Wood joins 'Halftime Report' to discuss the nine applicants running for a spot Bitcoin ETF, changing behavior among the SEC towards Bitcoin ETFs, and the impact higher rates are having on ARK Invest's holdings.

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