Cathie Wood, the founder of ARK Invest, known as the "Female Stock Goddess", was interviewed by American YouTuber and former real estate agent Meet Kevin at a conference in Las Vegas last weekend. When asked about what she would do in When she voted for Biden or Trump in the US presidential election in November, she responded clearly:
As I have told my children, I will vote for the person who will contribute the most to our economy…
On the economy, I'm a voter, and on that basis, I support Trump.
Cathie Wood then pointed out that in 2016 Trump campaign economic adviser and American economist Arthur Laffer once said that the three years during the Trump administration before the outbreak of the COVID-19 epidemic in 2020 were the best period in the history of the American economy. And she was okay with that.
However, the interview video has been taken down by Meet Kevin a few hours after it went online. Meet Kevin earlier tweeted to explain that this was because he had no intention of shaping his political leanings:
I believe her implicit point is that voting is about more than just economics.
While I can't speak for her, I believe I screwed up by pleading Cathie with the "Biden or Trump" question, and that I may have inadvertently created an impression that she didn't intend to create, and I regret and apologize for that. .
Trump’s support for cryptocurrencies draws widespread support from the crypto
Cathie Wood has long been a supporter of cryptocurrency. As early as 2015, Ark Investment’s ARK Web x.0 ETF became the first ETF to invest in Bitcoin. Since then, Ark Investment has purchased individual stocks of cryptocurrency-related companies such as Coinbase. , continues to expand the scale of investment in the cryptocurrency field, and was successfully approved to issue a Bitcoin spot ETF in January this year.
Trump has also recently expressed strong support for the cryptocurrency industry. This may be one of the reasons why Cathie Wood has expressed support for Trump on an economic level. Trump announced last month that he would accept cryptocurrency donations and promised to support the Silk City. Road founder Ross Ulbricht commutes sentence and defends Bitcoin mining industry.
This has enabled Trump to gain widespread support from important figures in the cryptocurrency industry. The Winklevoss brothers, the founders of Gemini, recently announced that they would donate Bitcoin worth US$1 million each to Trump and said they would vote for Trump in November. However, it was later reported that Its donation exceeded the legal donation limit of US$844,600, and the excess has been refunded.
In any case, Trump’s friendly attitude toward cryptocurrency has put pressure on Biden. The Block recently reported , citing people familiar with the matter, that U.S. President Biden’s campaign team is discussing with cryptocurrency industry insiders about accepting cryptocurrency donations through Coinbase Commerce. to woo cryptocurrency voters.
Further reading: Biden follows Trump’s lead in attracting crypto, and the campaign team is considering accepting cryptocurrency donations.
