The ARK Investment founder discussed bitcoin’s opportunity to act as a replacement store of value at the Bloomberg Crypto Summit.

This episode is sponsored by Nexo.io.

Today on the Brief:

• SEC investigating Elon’s DOGE tweets?
• US income growth has second biggest monthly gain ever
• Robinhood growth suggests crypto mainstreaming

Main discussion: Cathie Wood thinks Bitcoin could replace bonds. In this episode, NLW lays out:

• How Cathie Wood made a name by being early in Tesla, Bitcoin and innovation
• How ARK’s funds have grown
• Why bonds aren’t performing anymore and why bitcoin could fill the gap in investor’s portfolios

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Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.

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Image credit: Alex Flynn/Bloomberg/Getty Images

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