THE STREET · 2026-11-11 18:16 UTC

Cathie Wood issues bullish Bitcoin prediction against gold

ARK Invest CEO Cathie Wood says her firm was among the first investment firms to gain Bitcoin exposure, around 2015. In a Nov. 7 episode of "In The Know," Wood said Bitcoin is set to surge relative to gold, which she expects to head lower. She said the Bitcoin-gold correlation has been about 0.1 since 2019 and has at times been negative; over the last year Bitcoin fell 27% while gold fell 4%.

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