Cathie Wood, the investment strategist leading ARK Invest, has made a compelling case for digital assets as unconventional portfolio diversifiers. Early this month, she reframed the debate around Bitcoin and Ethereum, proposing these cryptocurrencies serve as powerful alternatives to traditional gold-focused investment strategies.
The cornerstone of Wood's thesis rests on quantifiable evidence: since early 2020, Bitcoin and gold have maintained a remarkably low correlation coefficient of just 0.14. This minimal linkage suggests the two assets move independently, offering genuine diversificatio