Cathie Wood Says Bitcoin Has ‘Miles to Go’ as BTC-Gold Ratio Breaks Out

ARK Invest CEO Cathie Wood has reinforced her long-term bullish outlook for Bitcoin, pointing to an improving BTC-to-gold ratio as a potentially important signal for institutional investors. During ARKs September In The Know episode, Wood described Bitcoin as representing three major transformations: a technology revolution, a new global monetary system and the creation of an entirely new asset class. Because adoption across all three areas remains relatively early, she said Bitcoin still has miles to go. Wood highlighted Bitcoins recent performance against gold as particularly encouraging….  Read more

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