Cathie Wood Challenges JPMorgan CEO’s Bitcoin Critique
Cathie Wood, CEO of ARK Invest, has strongly rebuked JPMorgan Chase CEO Jamie Dimon’s dismissive remarks about Bitcoin, characterizing the cryptocurrency as a “pet rock.” Wood’s response comes in the wake of Dimon’s comments made at the World Economic Forum, where he reiterated his earlier stance, labeling Bitcoin as “worthless” and a “hyped-up fraud.” Cathie…