Cathie Wood Calls Bitcoin a ‘Monetary Natty Highway,’ Reiterates $1.5M Tag Goal

Wood, whose Ark Invest only within the near previous grew to alter into one in all the issuers of a put bitcoin alternate-traded fund (ETF), ARKB, mentioned the asset manager is considering rising markets and the macro environment worldwide, which has been “apprehensive” by the U.S. Federal Reserve’s enlarge in interest rates, she mentioned for the length of a fireside chat on the Friday Bitcoin Investor Day convention in Fresh York.

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