Cathie Wood just filed for 14 ETFs at once, so let me temper expectations a bit.
Only one of the 14 is related to crypto: the ARK Tokenization Market Infrastructure ETF. The other 13 focus on AI, robotics, and biotech.
And this one invests in companies, not coins: stocks of companies like tokenization platforms, stablecoin issuers, exchanges, and custodians. It won’t directly create buying pressure for any particular coin. The filing says it takes effect 75 days after submission, which means the earliest would be late January next year.
So what does it mean? Wall Street is starting to market tokenization as a standalone sector. The narrative is becoming more mainstream, which is a long-term positive for public blockchains like Ethereum, where tokenized assets are concentrated.
My take: a long-term positive, but not enough to move prices in the short term. The real signal will be which companies it takes major positions in once the ETF launches.
Can RWA become the leading theme of the next cycle? #ARK拟推14只AI及代币化主题ETF $ETH
Only one of the 14 is related to crypto: the ARK Tokenization Market Infrastructure ETF. The other 13 focus on AI, robotics, and biotech.
And this one invests in companies, not coins: stocks of companies like tokenization platforms, stablecoin issuers, exchanges, and custodians. It won’t directly create buying pressure for any particular coin. The filing says it takes effect 75 days after submission, which means the earliest would be late January next year.
So what does it mean? Wall Street is starting to market tokenization as a standalone sector. The narrative is becoming more mainstream, which is a long-term positive for public blockchains like Ethereum, where tokenized assets are concentrated.
My take: a long-term positive, but not enough to move prices in the short term. The real signal will be which companies it takes major positions in once the ETF launches.
Can RWA become the leading theme of the next cycle? #ARK拟推14只AI及代币化主题ETF $ETH
