Ka kii a Cathie Wood ARK Invest Bullish i runga i te Coinbase Whai muri RippleKo te wikitoria i te SEC Lawsuit

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Ka kii a Cathie Wood ARK Invest Bullish i runga i te Coinbase Whai muri RippleKo te wikitoria i te SEC Lawsuit

ARK Invest CEO Cathie Wood says that she is bullish on top US crypto exchange Coinbase after the ruling in RippleKo te whawhai ture me te US Securities and Exchange Commission (SEC).

In a new Bloomberg interview, Wood ta that while ARK decided to hoko some Coinbase shares for profit-taking, she continues to have an optimistic outlook on the crypto exchange’s future.

Wood believes that the groundbreaking whakatau in the SEC’s lawsuit against Ripple for the sale of the XRP token is a positive development for exchanges.

“We’re very positive on Coinbase, especially in light of the court ruling for Ripple and against the SEC. Not all together. There were some puts-and-takes but by and large very positive for exchanges. And so we’re very optimistic. The stock has had a significant move. Remember in March and, I think, in June we were looking at a Wells notice and an SEC suit, which really hammered the stock, but did not take it to new lows and you saw we bought at those levels.

Na i te mea kua piki ake te putea ki runga. Ko [Coinbase] te tuarua nui rawa atu i muri i a Tesla inaianei i roto i te rautaki rangatira, a koinei te mea nui rawa atu i roto i te ARKF, to maatau rautaki fintech. Kei te tango noa matou i nga hua me te whakahoki ano i te whakapaipai ki etahi o nga karekau."

Coinbase shares soared after the XRP ruling was made public. Some legal experts said the XRP ruling could indicate Coinbase will prevail in the whakawakanga the SEC filed against the exchange in June, alleging that the platform was selling unregistered securities.

I muri i te whakawakanga a te SEC mo Coinbase, ka heke iho nga hea o te kamupene ki te iti o te $50.56, engari ka kati ratou i te Rātapu i te $104.59, he nui ake i te 106% te piki ake.

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