Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum. This sentiment follows Franklin Templeton’s recent submission to the SEC, seeking approval for the launch of a spot Ethereum ETF. Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remar