Cathie Wood, the founder of asset management firm Ark Invest, expressed uncertainty about the utility of President Donald Trump’s coin on Wednesday, adding that her company has avoided memecoin investments.

Cathie Wood is betting Donald Trump’s regulatory and growth agenda will revive the market for US initial public offerings.

Renowned investor Cathie Wood, CEO of Ark Invest believes President Donald Trump's second administration could breathe new life into the struggling initial public offering landscape, potentially creating significant opportunities for investors and venture funds.

Asset management company Ark Invest offers nine different investment funds, eight of which are available as exchange-traded funds, or ETFs. There are other ETFs with similar specialties. In other words,

While several have criticized President Trump’s memecoin launch, Cathie Wood, CEO of ARK Invest, has come forward to defend $TRUMP.

Cathie Wood, founder of ARK Investment Management LLC, has expressed her expectation for a revival in the US initial public offerings (IPO) market, propelled by Donald Trump's regulatory and growth agenda.