Cathie Wood-led Ark Invest hailed the bipartisan support extended to the recently passed cryptocurrency bill in the House of Representatives, terming the development at the peak of the election campaign striking. What Happened: In its weekly innovation newsletter, the firm noted that the “surprising” win could pave the way for an elaborate regulatory framework governing digital assets in the country. “If FIT 21 makes its way to the U.S. Senate and Ethereum (CRYPTO: ETH) ETFs begin trading during the next few weeks, the digital assets industry seems poised for some of the greatest legislative b…
