ARK Invest’s Cathie Wood Says ‘Substitution’ of Gold for Bitcoin (BTC) Now Underway

ARK Invest CEO Cathie Wood says Bitcoin (BTC) is effectively substituting gold as a store of value asset. In a new YouTube update, Wood says that she believes the crypto king is acting more as a risk-off asset and a “flight to quality” during times of economic uncertainty. “Last year, during the regional bank crisis...

Read full story at The Daily Hodl >