Cathie Wood will vote for Trump for US economy: “Best for our economy”

Cathie Wood announced that she will vote for Donald Trump in the upcoming US presidential elections for economic reasons. Last week, the Winklevoss twins donated $2 million to the Trump campaign. Bitcoindonated.

Cathie Wood, CEO of the American investment company Ark Invest, stated that she plans to vote for former US President and Republican candidate Donald Trump in the upcoming presidential elections. Speaking at a conference organized by Financial Content Creator Kevin Paffrath in Las Vegas, Wood said: “As I told my children, I will vote for the individual who will do what is best for our economy. “I am a voter who will make a choice based on economics.”he said and added that he would support Trump.

Wood reminded that Economist Arthur Laffer stated that the first three years of the Trump administration before the COVID-19 outbreak were “the best in US economic history.” Laffer was an economic advisor to Trump’s 2016 campaign.

Wood, who has been an advocate of cryptocurrencies for a long time, stated that Trump has recently given strong support to the crypto industry. Ark Invest announced the first ETF investing in Bitcoin with the ARK Web x.0 ETF in 2015, and the company has since used Coinbase ( COINIt expanded its investment by acquiring shares in crypto-related companies such as )

Meanwhile, Trump began accepting donations in cryptocurrency since last month and has made speeches defending crypto, non-fungible tokens and Bitcoin mining. Last week, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to the Trump campaign.

President Joe Biden’s campaign is also known to be in talks with cryptocurrency industry players about accepting crypto donations through Coinbase Commerce. The US presidential debate, which will be broadcast on television between Biden and Trump, is planned to be broadcast live on June 27.

This news was first published on the Coin Engineer website.