저자: CathieWood · 외국인
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ARK은 비트코인 현물 ETF 승인이 임박(1월 8~10일 전후)했다고 보고 GBTC 할인율 축소와 함께 비트코인 포지션을 정리했다. 금리 상승 우려는 후퇴했고 디플레이션이 혁신 기업에 유리하다는 견해를 밝혔다. 비트코인은 2024년 반감기까지 급등 가능성이 있으며 과거 증가율(400%, 6개월 내 15만 달러) 언급이 있으나 이는 전망 근거로 제시됨. 사회자 자막 일부는 자동인식 오류로 판단 불가.
다듬은 글
we're as optimistic about Bitcoin as we ever have been um but there were there are a few Regulatory and tax uncertainties and we had been waiting for the discount uh between gbtc and nav so important in this conversation around spot Bitcoin ETFs coming to Market it was as high as 50% at one point last year when there was great uncertainty around all of the turmoil in crypto generally and now it's a single digit invest the time and the money but also to protect you against fraud and manipulation SEC staff engaging with issuers of a number of which have filed for spot ETFs we can use to gain exposure to Bitcoin in this moment and it's just a moment of uncertainty between now we think J jary 8th to 10th somewhere in that range perhaps but we out of an abundance of caution didn't want to take any risk Kathy Wood gives us an update on the pending Bitcoin ETF approvals which could be as early as January 8th however even if the SEC grants approval there could be a delay of more than a month before the actual launch Bitcoin is currently sitting just above up over $1,100 in the last 30 days the potential obstacle to the spot Bitcoin ETF approval May lie in Gary gensler's political Ambitions despite gendler's in-depth knowledge of Bitcoin as the SEC chair it's puzzling to find a logical reason for his reluctance to support a spot ETF Arc invest CEO Kathy Wood highlights the decentralized and transparent nature of the Bitcoin Network making manipulation highly unlikely let's get right into the interview with Cathy wood don't forget to hit hit the like button and subscribe if you enjoy the content we do here on this channel as I mentioned before there are some uh tax and Regulatory uncertainties still as part of this process uh we don't know exactly who's going to be approved and uh and whether they've met all the uh criteria that the SEC has put before us uh we know we have uh but uh we don't know if others including gbtc have we just we just don't know uh so so again out of an abundance of caution and gbt's discount again it was as much as 50% relative to nav so not only have we enjoyed this year the run in Bitcoin itself but we've had the nice closing of that discount so it's been uh you know double good news for us we think the probabilities have gone up because the SEC has been highly engaged compared to what was happening before before it was just denying approval denying approval uh and we just kept putting our uh filing in again you know try and try try try you know AED and determined and uh so here we are we think we're we're first in line and that's why there is this uh January 10th deadline um but we like the idea that the SEC has been so engaged and it's not just with us it's others as well we think a number of uh uh a number of funds could be approved at the same time uh and they've been asking not only one set of questions but followup questions and uh again that's a very good sign the last few questions have been very technical and uh and so more Durer and you know you'd expect them to be asking these questions as we head toward an approval now it's not 100% certain and uh so we want to make that clear as well um this is the SEC and uh we never know you know what might happen along the way we are very happy that a couple of things have happened uh that this idea that interest rates were going to continue moving higher uh has been proven Incorrect and uh I think even the FED while there is that small possibility even the FED is now starting to talk about the other side of the interest rate move and so I I do believe all we've seen so far is a reaction to that macro phenomen or or judgment call um we went through our our Flagship strategy and all of our strategies went through a very difficult time from February 21 through December of 22 as interest rates first of all were presumed uh to move up or forecasted to move up and then when they did move up so it was almost like a double discounting and so we've seen the first installment of um the the uh the correction in there to the upside for our funds uh with this notion and it's again the forecast that interest rates will come down and you know we we would presume that if they do come down uh for the reasons we think they're going to come down the most important one being deflation then our funds will uh be in good shape because we are very uh our our companies uh thrive on deflation technologically enabled Innovation is deflationary now that we've had this very nice run this year um we think the answer to that question is in the private markets they're close they're close what's fascinating to us is that the public markets have been leading the private markets for the past three years as our funds were uh were falling in 21 uh private evaluations were going to all-time highs along with the NASDAQ they were taking their cues I opposed from the NASDAQ but real Innovation if you looked at our portfolios uh was starting to um revalued to the downside and even more so in 2022 we are still seeing major down rounds taking place in the private markets and I'm always surprised at at this sort of thing because you would think that the private markets lead the public markets that has not been the case in the last few years embracing an unyielding enthusiasm for the crypto Kathy Wood confidently predicts that explosive growth is looming on the horizon she urges investors to capitalize on the opportunities presented during Market downturns as well ever since Bitcoin tumbled from its all-time high of nearly $69,000 the cryptocurrency market has struggled to regain its footing leaving investors anticipating a substantial bounce back however Kathy reassures that a long expected surge awaits leading up to the highly anticipated 2024 Haring event for Bitcoin Kathy Wood's recent decisive action to liquidate the entire Bitcoin portfolio exceeding $100 million signals a significant shift in her investment strategy the unexpected move given Arc invests historical support for Bitcoin with ambitious price targets of $1.4 Million by 2030 has raised numerous inquiries despite the surprising nature of this bold decision Cathy's rationale linked to the anticipation of Bitcoin ETFs provides Clarity on the Strategic adjustment by divesting and gearing up for an ETF launch Arc invest evidently holds nearly absolute confidence in an imminent approval Cathy's insights on the anticipated deflation throughout 2024 and its positive implications for Innovation and the crypto Market are particularly important Kathy Wood points out with real money now flowing in she emphasizes that the crypto Market has become more significant than ever institutional investors are driving the price of cryptocurrency which will yield massive gains in the next 3 months wood believes this will underscore bitcoin's enduring relevance as an asset and as a hedge against currency devaluation she anticipates that BTC will continue its parabolic run right into the harving of 2024 Cathy Wood's main focal points this year has also been the movement in crypto legislation in the house signaling the growing interest in the crypto space although crypto legislation might face challenges due to political opposition would advise is the company in which she invests to spend heavily now in order to take advantage of huge growth potential she estimates that Arc concentration on technology advancement is worth about 7 to8 trillion doar or less than 10% of global equities markets Emerging Markets are relying on digital currency and Cathy believes that based on the current market Outlook decentralized finance will take over and usurp the roles of most financial services companies we've seen many rapid cryptocurrency price Rises in the last few weeks and no doubt investors are eagerly anticipating at least one ETF approval which will bring massive Capital pouring into crypto Cathy points out that just 1% of black Rock's portfolio will open this Floodgate to the tune of hundreds of billions of dollars in institutional Capital she says we witness a 400% increase in Bitcoin alone targeting a $150,000 price in just 6 months time the Bitcoin harving coincides with the timeline for this price so we could see the biggest crypto surge yet in just a matter of months what do you think of Kathy Wood's interview on The Current financial Market comment down below thanks so much for watching don't forget to hit the like button and subscribe for more content just like this we'll see you in the next video
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