In an interview with FOX, Cathy Wood, CEO of ARK Invest, stated that while Bitcoin has experienced significant volatility recently, it has only fallen by about 20% over the past three months, and its behavior is returning to the "risk asset" trajectory. She pointed out that Bitcoin's early days often saw deep corrections of 75%–90%, while the current volatility has dropped to about 30%, suggesting that the classic "four-year cycle" may be weakening.
Wood emphasized that institutional investment in this new asset class will limit further price declines, and the market may have already reached a temporary low a few weeks ago. Meanwhile, the rise in gold reflects investors climbing a new "wall of worry," with geopolitical risks driving funds towards safe-haven assets. However, she cautioned that the innovation-driven gold rush of the 1980s and late 1990s was accompanied by a decline in gold prices, and a similar scenario could repeat itself.
Regarding the uncertainties and hype surrounding AI, Wood believes this is actually part of the investment opportunity, because "the AI era has only just begun." She added that as more funds enter through Bitcoin spot ETFs like ARKB, this structure will provide long-term benefits for both institutional and retail investors.
