Cathie Wood adds Kalshi to Ark Invest's ETF strategy
- —Cathie Wood added Kalshi to Ark Invest's ETF strategy
- —Wood called Kalshi another private company in the portfolio
- —She praised Kalshi's management and its forward-looking vision
- —Kalshi is a US platform for trading event contracts
Why it matters: A major asset manager publicly backing prediction markets boosts their legitimacy as regulatory scrutiny of the sector grows.
Source: Bloomingbit
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