Kostiantyn
2022-07-04

Cathie Wood believes crypto will come back stronger: 'There's a lot more trust'

ARK Investment Management, founder and crypto believer, Cathie Wood, says that she remains quite optimistic about the crypto world.

During the latest "In the Know" podcast, Wood talked about the volatility in the crypto market and the future of the industry. Wood said, "You'll see our $Bitcoin(BTC.CC)$ monthly; I would say we're neutral to positive. We're waiting for a few more capitulation signals, and, of course, time will tell on the systemic side here."

She said that the transparency of the crypto market could significantly impact traditional financial markets.

What's happened in the crypto market gives you a sense of why it will work [in the] long run. It's transparent, and there's a lot more trust in the crypto ecosystem because of the transparency and the over-collateralization than I think there is in the traditional financial markets."

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Comments

  • hh488
    2022-07-04
    hh488
    Apart from investing in Coinbase, does Art buy into crpto currencies too?
  • PandoraHaggai
    2022-07-06
    PandoraHaggai
    What good words, I learned a lot.
  • MortimerDodd
    2022-07-05
    MortimerDodd
    Great post, looking forward to your next post.
  • Furore
    2022-07-04
    Furore
    Yeah, I think so too
  • Rookie22
    2022-07-04
    Rookie22
    Buy coinbase haha
  • YPT
    2022-07-04
    YPT
    good
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