Cathie Wood: Bitcoin Offers Structural Advantage Over Gold
Cathie Wood, founder of Ark Invest, has once again expressed her conviction that Bitcoin is superior to gold as a store-of-value investment. In a recent interview, she pointed out that while short-term market data shows gold outperforming Bitcoin this year, the digital asset's structural advantages and early-stage adoption make it a more effective hedge against both inflation and deflation.
According to Wood, Bitcoin's digital nature sets it apart from traditional assets like gold, which has a mature demand profile. She emphasized that institutional exposure is still developing for Bitcoin, while younger investors are increasingly favoring digital assets over physical bullion. This perspective highlights the potential for a generational shift in store-of-value investments.
Despite Wood's optimism, Ark Invest continues to expand its exposure to crypto-linked companies. The firm has made significant purchases of Bitmine, Bullish, and Robinhood, highlighting its commitment to long-term ecosystem growth rather than short-term fluctuations in market prices.