Cathie Wood said Bitcoin can function as both a risk-on and risk-off asset, arguing that its technological, monetary and asset-class characteristics leave substantial room for long-term growth. The ARK Invest CEO and founder maintained her $730,000 base-case Bitcoin target for 2030 and said Bitcoin can serve as wealth insurance amid AI-driven disruption and counterparty risk. Bitcoin rose 21.69% over the past month, outpacing spot gold's 1.82% gain, though Bitcoin's year-to-date loss of 9.95% was steeper than gold's 1.95% decline. Wood described Bitcoin's low historical correlation with gold and its relative breakout against the metal as reassuring, contrasting with earlier Glassnode and Bitwise figures that characterized the Bitcoin-gold relationship as recently reaching a six-year high.