Cathie Wood Says ARK Added Kalshi to ETF Strategy
Uk Jin
Summary
- Cathie Wood, CEO of ARK Invest, said the firm has added prediction-market platform Kalshi to its ETF strategy.
- Wood described Kalshi as another private company and said its management team is outstanding.
- Wood said Kalshi is moving ahead of where prediction markets are headed, underscoring the company's role.
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Cathie Wood, chief executive officer of ARK Invest, said the firm has added prediction-market platform Kalshi to its exchange-traded fund strategy.
On September 30, Wood said she was "very pleased" to add Kalshi, another private company, to the firm's ETF strategy.
She also praised Kalshi's management team, calling its executives outstanding and saying they are moving ahead of where prediction markets are headed.
Kalshi is a U.S. prediction-market platform that lets users buy and sell contracts tied to the outcomes of future events, including elections, economic indicators and sports.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.