Veteran BTC fans. She never hid it, quite the contrary. Cathie Wood, CEO of the investment giant Ark Invest, has always been attracted to cryptocurrencies. Of the Coinbase shares (COIN)which she has never ceased to support, Bitcoin, which she often promoted, Cathie Wood supports innovation. In this dynamic, the head of the company reiterated her wishes to Bitcoinexpressing his excitement to see him converge with Artificial Intelligence (IA).
Bitcoin and AI: the marriage of convenience according to Cathie Wood
In a tweet, the boss of Ark Invest spoke about the possible convergence between Bitcoin and Artificial Intelligence, which is booming in our ecosystem. A point of view which is also supported by a recent report by Ark Invest entitled “Investing in artificial intelligence: where will stock values surface? “.
This report highlights the various financial opportunities to come by emphasizing the convergence of different technologies, such as Bitcoin or Artificial Intelligence, and their synergy.
According to the report, this convergence is already visible in the success of the ETF Ark Disruptive Innovation, dedicated to AI and disruptive technologies. Indeed, the latter outperformed the NASDAQ and made a profit of 41.2% this year.
“The convergence between Bitcoin and AI could transform the way businesses organize themselves, causing costs to collapse and productivity to explode. I was blown away by the possibilities created by these brilliant entrepreneurs. »
Cathie Wood, CEO of Ark Invest – Source: X
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Are institutional investors rushing into Bitcoin just before the halving?
The news seems thin, since it is the size of a simple tweet on X. However, coming from a investment veteran like Cathie Woodit may be a harbinger of a more optimistic period ahead for Bitcoin, which, let us recall, is currently experiencing sometimes bloody movements.
One would therefore think that yes, institutionals are rushing to Bitcoin. Examples of predictions of big financial pundits like Ark Investor JP Morgan, bear witness to this enthusiasm. It is the same for the race for bitcoin ETFs spot which is in full swing at the moment, with actors involved such as Fidelity or BlackRock.
You will therefore have understood that this new intervention by Cathie Wood only confirm a trend which develops over the months. Waiting for the halving, even the bull run, there are many predictions, sometimes justified, sometimes unfounded, which animate our ecosystem. Bitcoin also waits, sometimes not without some difficulties.
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