ARK Invest CEO Cathie Wood stated that the sudden approval of key documents for proposed ether ETFs indicates that crypto has become a U.S. election issue. She noted that the Financial Innovation and Technology for the 21st Century Act's passage in the House and former President Trump's acceptance of crypto donations have highlighted crypto's political significance. Wood emphasized ARK's commitment to making bitcoin accessible and supporting Bitcoin developers, while expressing a strong preference for bitcoin over ether.
President Joe Biden undergoes his routine annual physical at Walter Reed National Military Medical Center, with the results expected later in the day. The examination holds significance as it could impact perceptions of his physical and mental capability to serve another term, amid ongoing attacks on his age and fitness from political opponents, particularly Donald Trump. Despite being close in age, polls indicate greater voter concern about Biden's fitness compared to Trump's. Earlier, a Department of Justice special counsel's report described Biden as an "elderly man with a poor memory," prompting a strong rebuttal from the president.
