BREAKDOWN: Why Cathie Wood Thinks Bitcoin Could Replace Bonds

The ARK Investment founder discussed bitcoin’s opportunity to act as a replacement store of value at the Bloomberg Crypto Summit.
This episode is sponsored by Nexo.io.
Today on the Brief:

SEC investigating Elon’s DOGE tweets?

US income growth has second biggest monthly gain ever

Robinhood growth suggests crypto mainstreaming

Main discussion: Cathie Wood thinks Bitcoin could replace bonds. In this episode, NLW lays out:

How Cathie Wood made a name by being early in Tesla, Bitcoin and innovation

How ARK’s funds have grown 

Why bonds aren’t performing anymore and why bitcoin could fill the gap in investor’s portfolios

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