Should You Buy This Top Cryptocurrency Before It Surges by More Than 4,000%, According to Cathie Wood?
One of the most followed investors on Wall Street is Ark Invest Chief Executive Officer Cathie Wood. Wood has earned a reputation for being a fierce supporter of emerging technology trends in areas such as electric vehicles (EVs), artificial intelligence (AI), and genomics.
From time to time, Ark Invest releases research to the public -- providing investors with a glimpse of the data and work behind Wood's forecasts. Given her high interest in technology, it's probably not a surprise to learn that Wood is a proponent of Bitcoin (CRYPTO: BTC).
While she is not the only institutional investor heavily supporting Bitcoin, she is certainly one of the most bullish. Two weeks ago, Ark Invest released its annual Big Ideas report for 2024. One of the standouts from the presentation was Wood's latest outlook on Bitcoin.
Source Fool.com
