Cathie Wood Issues Memecoin Warning, Says ‘Millions’ Will End Up Being ‘Worthless’

The founder and CEO of the investment management firm ARK Invest is warning the public of the risks of trading memecoins. In a new interview on Bloomberg Crypto, Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) did an important thing in declaring that memecoins are not securities source: https://dailyhodl.com/2025/03/20/cathie-wood-issues-memecoin-warning-says-millions-will-end-up-being-worthless/