Bitcoin Set to Soar as Housing and Auto Markets Crumble—ARK Invest Doubles Down
Cathie Wood''s ARK Invest is betting big on Bitcoin''s rally—just as traditional sectors like housing and autos hit turbulence. The crypto bull case strengthens while legacy assets wobble.
Housing starts stalling? Check. Auto loans defaulting? Yep. Bitcoin breaking out? Absolutely. ARK''s thesis hinges on capital fleeing shaky markets for crypto''s asymmetric upside.
Wall Street''s still scratching its head—meanwhile, the smart money''s stacking sats. Funny how ''risky'' assets suddenly look safer than overleveraged McMansions and repo-bound SUVs.