Markets· ★★· bullish·

Cathie Wood rejects 'dead cat' call: bitcoin has many lives ahead

  • Wood responded to podcaster Jason Calacanis, who called BTC's rebound a 'dead cat'
  • Calacanis pointed to bitcoin's 30% drop and lack of mass adoption
  • Wood said AI will accelerate GDP growth to 7–8% but cause deflation and higher rates
  • On September 14, ARK sold about $40 million of its BTC ETF ARKB
Why it matters: Wood's public support matters for bitcoin's institutional narrative amid criticism and her own ETF sales.
Source: Yahoo Finance Crypto