Svmuu News: Cathie Wood, founder of ARK Invest, stated on X that capital outflows from the world’s more unstable countries will provide new upward momentum for Bitcoin and other digital assets.
She noted that artificial intelligence is leading a technological revolution and “drawing significant attention and liquidity” in the investment sector, but AI cannot replace the role that digital assets play in the current global environment—particularly their function as a “wealth insurance tool.”
Cathie Wood emphasized that against a backdrop of rising macroeconomic uncertainty, investor demand for tools to preserve asset value and facilitate cross-border asset allocation is growing, and digital assets are gradually becoming a key vehicle for meeting this demand.
Cathie Wood: Growing Demand for Asset Preservation and Cross-Border Allocation Tools May Boost Demand for Bitcoin and Digital Assets
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Source:Odaily · Source Link
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