Cathie Wood Sees “Changing of the Guard” as Opportunity for Innovation Boom Under New U.S. Administration

ARK Invest CEO Cathie Wood is the latest industry stakeholder to express optimism about a potential shift in the United States regulatory landscape following the recent election, which she believes will unlock new growth in emerging technologies.

In a video posted by ARK Invest on X on November 11, Wood suggested that changes in the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC) could catalyze significant economic expansion by reducing regulatory constraints on tech innovation.

“Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically enabled innovation are likely to turbocharge the US economy,”

Wood emphasized.

She added that a new leadership approach could transform investment opportunities, especially in sectors like digital assets, robotics, artificial intelligence, and blockchain, which she views as key drivers of an “explosion in productivity growth.” According to her, tax cuts, government spending cuts, and lowered interest rates under the new administration could revive growth reminiscent of the 1980s and 1990s.

The CEO was particularly critical of the SEC under current Chair Gary Gensler, whom she described as a “menace” to digital assets. According to Wood, strict U.S. regulatory policies have driven talent and innovation offshore, a trend she hopes will reverse under President-elect Donald Trump’s administration, which has reportedly shown a positive stance toward Bitcoin and crypto.

Wood hinted at the possibility of Bitcoin playing a central role in the administration’s economic plans, including the development of a strategic reserve.

However, not everyone shares Wood’s optimism regarding the new administration’s stance on crypto. Arthur Hayes, founder of BitMEX and CIO of Maelstrom, recently challenged the belief that former President Trump would support Bitcoin if re-elected.

Hayes argued that Trump’s administration would likely avoid implementing direct regulations or supportive measures for Bitcoin, pointing out that Trump’s previous term did not bring about any substantial pro-crypto policies despite widespread perception among crypto holders.

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