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 The post ARK Invest’s Cathie Wood Says ‘Substitution’ of Gold for Bitcoin (BTC) Now Underway appeared first on The Daily Hodl .
