From zero to $5 trillion: investor's big call on 'autonomous taxis'

Cathie Wood has a 'very big idea'. (Image: Ark)

Thu, 28 Mar 2024

Cathie Wood, head of tech- and future-focused Ark Invest, is a big fan of Bitcoin, describing it as nothing short of a “money revolution”.“It’s a very big idea," she says, describing it as the first global, digital, decentralised, private but rules-based monetary system in history.Wood told a group of fund managers and investors at Nikko Asset Management’s annual investment summit on Tuesday that when Ark had taken its first position – via the Grayscale Bitcoin Trust (GBTC) in late 2015 – the digit...

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