Cathie Wood believes that relaxing cryptocurrency regulations "unleashes the animal spirits."
Golden Finance reports that ARK Invest CEO Cathie Wood has conducted an in-depth analysis of how Donald Trump's return to the White House would change the cryptocurrency landscape. Wood expressed optimism about Trump's economic agenda and explained how the new government will "turn fear into optimism" and how deregulation can "unleash animal spirits". She said that with an increase in risk appetite, ARK's investment strategy has begun to show positive momentum. However, Wood emphasized that their fundamental method of investing in innovation remains unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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