Cathie Wood: Growing Demand for Asset Preservation and Cross-Border Allocation Tools May Boost Bitcoin and Digital Asset Demand
Odaily reported that Cathie Wood, founder of ARK Invest, stated on platform X that capital outflows from relatively unstable countries around the world will provide new upward momentum for Bitcoin and other digital assets.
She pointed out that artificial intelligence is leading a technological revolution and is "sucking up a lot of attention and liquidity" in the investment field, but AI cannot replace the role that digital assets play in the current global environment — especially their function as a "wealth insurance tool."
Cathie Wood emphasized that against the backdrop of rising macroeconomic uncertainty, investors' demand for asset preservation and cross-border allocation tools is increasing, and digital assets are gradually becoming an important vehicle for this demand.
