Cathie Wood: ARK Invest believes Bitcoin is far more significant than gold
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2024-12-05 13:02 5,555
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ARK Invest CEO Cathie Wood posted on social media that today is a great day for Bitcoin and digital property rights. Incoming SEC Chairman Paul Atkins will lift Gary Gensler’s shackles on digital assets and protect private property rights in the digital world.
Today, Federal Reserve Chairman Jerome Powell described Bitcoin as a virtual digital version of gold. The gold market is about $15 trillion, while Bitcoin is only $2 trillion. Bitcoin is still in its early stages.
Indeed, ARK Invest believes there is much more to Bitcoin than gold.