Ark Invest Ramps Up Crypto Exposure; Wood Sees Market Liquidity Turn Ahead ⋆ ZyCrypto
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Ark Invest CEO Cathie Wood predicted a liquidity surge into Artificial Intelligence (AI) and digital assets despite growing concerns. This adds to recent bullish targets that sparked conversations from the crypto executive.
Ark Invest Back AI & Crypto Investments
Wood hinted at a reversal of the current downward liquidity trend in both markets, citing multiple factors. In a recent webinar, she stressed that several industries would benefit from AI and crypto.
Negative sentiment in the past few months tanked investment, leading to a decline in stock and crypto prices. As institutions hedged losses, outflows among retail investors intensified, further defying bullish…
