Tuesday, January, 21, 2025

Cathie Wood Says Global Instability Could Spark Bitcoin Rally

Cathie Wood says global instability could support a Bitcoin rally as ARK Invest adds exposure to Coinbase, SpaceX, and Circle shares.
Bitcoin
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Areeba Rashid

Areeba Rashid is a dedicated crypto news writer with a passion for making complex topics accessible to everyone. She covers the latest developments in the crypto world, including in-depth price analysis, helping readers stay informed and make sense of market trends.
  • Wood says global instability may drive fresh Bitcoin demand from capital outflows.
  • Bitcoin remains central to Wood’s view as a borderless asset during market stress.
  • ARK added $25.54M in Coinbase, SpaceX, Circle, Bullish and Robinhood shares Friday.

Cathie Wood said global instability could support another Bitcoin rally as investors look for assets that protect wealth across borders. The ARK Invest founder tied the view to capital leaving unstable countries. 

In a post on X, Wood said those capital flows could give Bitcoin and digital assets fresh momentum during stress. She argued that investors in weaker economies may seek alternatives outside local financial systems. Her comments placed crypto within a wider discussion about risk protection.

Also Read: Thailand Central Bank Moves Closer to Thai Baht Stablecoin Regulations

Bitcoin Gains Focus as AI Draws Market Liquidity

The post also compared digital assets with artificial intelligence. Wood said AI has started a major technology shift and is attracting large investment across markets. Still, she said AI does not replace the role of crypto during uncertainty.

According to Wood, digital assets can work as an “insurance policy” for investors when confidence falls. She said that role becomes more important during political and economic stress. Bitcoin remains central to that view because it can move across borders more easily than many traditional assets.

Wood did not present AI and crypto as direct rivals. She said AI attracts liquidity because investors expect strong growth prospects. Bitcoin serves a different demand by offering an alternative store of value.

Her remarks came as investors watched several sources of pressure. These include geopolitical tensions, inflation concerns, currency weakness in several regions, and uncertainty over monetary policy. Wood said such conditions can increase demand for assets that preserve purchasing power.

As of press time, Bitcoin trades at $60,178. The price showed a 1.06% gain over the past 24 hours. Its market capitalization stood near $1.2 trillion.

ARK Invest Expands Exposure to Coinbase, SpaceX and Circle

Wood’s comments also followed new buying activity by ARK Invest’s exchange-traded funds. ARK’s latest daily trade disclosure showed purchases worth about $25.54 million across several funds. The buying covered Coinbase, SpaceX, Circle, Bullish, and Robinhood shares.

ARK bought 68,366 shares through ARKK, ARKW, and ARKF. Based on Friday’s closing price of $149.06, the purchase was worth about $10.19 million.

SpaceX ranked second in the disclosure. ARK bought 45,728 shares through four ETFs, including ARKQ and ARKX. Using the closing price of $153.23, the purchase was worth about $7.01 million.

ARK also bought 78,756 Circle shares valued at about $5.79 million. The firm added Bullish shares worth about $1.34 million. It also purchased Robinhood shares worth about $1.21 million.

The latest buying is consistent with Wood’s positive market stance. It also showed continued ARK exposure to crypto-linked and growth companies. Her Bitcoin comments highlighted how global instability remains part of the digital asset debate.

Also Read: Hyperliquid Debate Grows as Samani Rejects Permissionless Claim

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