{"id":125325,"date":"2025-03-18T17:16:59","date_gmt":"2025-03-18T17:16:59","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125325"},"modified":"2025-03-18T17:16:59","modified_gmt":"2025-03-18T17:16:59","slug":"we-are-worried-about-a-recession-but-theres-a-silver-lining-cathie-wood","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125325","title":{"rendered":"\u2018We are worried about a recession,\u2019 but there\u2019s a silver lining \u2014 Cathie Wood"},"content":{"rendered":"

Source: Cointelegraph.com NewsARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump\u2019s tariff policies \u2014 an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies.
\nSpeaking virtually at the Digital Asset Summit in New York on March 18, Wood said US Treasury Secretary Scott Bessent isn\u2019t worried about a recession.\u00a0
\nHowever, Wood said, \u201cWe are worried about a recession,\u201d adding, \u201cWe think the velocity of money is slowing down dramatically.\u201d
\nCathie Wood speaks virtually at the Digital Asset Summit. Source: CointelegraphA slowdown in the velocity of money means capital is changing hands less frequently, which is typically associated with a recession, as consumers and businesses spend and invest less money.\u00a0
\n\u201cI think what\u2019s happening, though, is that if we do have a recession, declining GDP, that this is going to give the president and the Fed many more degrees of freedom to do what they want in terms of tax cuts and monetary policy,\u201d said Wood.\u00a0
\nInvestors believe the first domino could fall in the coming months when the Fed puts an end to its quantitative tightening program \u2014 something bettors on Polymarket believe is 100% certain to happen before May.
\nMeanwhile, expectations for multiple rate cuts by the Fed in the second half of the year are growing, according to CME Group\u2019s Fed Fund futures prices.
\nThe probability of rates being lower than they are now by the Fed\u2019s June 18 meeting is nearly 65%. Source: CME GroupRelated: As Trump tanks Bitcoin, PMI offers a roadmap of what comes next
\nFocus remains long term
\nARK and Cathie Wood have been active cryptocurrency investors for many years. ARK and 21Shares\u2019 spot Bitcoin (BTC) exchange-traded fund (ETF) was approved on Jan. 11, 2024, and currently has more than $3.9 billion in net assets, according to Yahoo Finance data.\u00a0
\nSpot Bitcoin ETFs have recorded heavy outflows in recent weeks, but the overall trend shows investors are holding their positions. Source: FarsideARK also offers crypto portfolio solutions to wealth managers through its partnership with Eaglebrook Advisors.\u00a0
\nWood told the New York Digital Asset Summit that \u201clong-term innovation wins as we go through these trials and tribulations,\u201d referring to the recent market correction.\u00a0
\nWhen asked if crypto assets remain an \u201cinvestable arc\u201d over the long term, Wood said this strategy was the cornerstone of ARK\u2019s investment approach.\u00a0
\n\u201c[W]e\u2019ve built out positions in more than just the big three,\u201d she said, referring to Bitcoin, Ether (ETH) and Solana (SOL).
\nThis long-term arc is being supported by favorable regulations, which have improved the investment landscape dramatically.\u00a0
\nPro-crypto policy changes are \u201cgiving institutions the green light, and if you look at our studies as long ago as 2016, we wrote a paper called \u2018Bitcoin: Ringing the Bell for a New Asset Class,\u2019 and, yet many institutions just dismissed it out of hand,\u201d said Wood.
\nNow, institutions are looking at ARK\u2019s studies and saying they \u201chave a fiduciary responsibility to expose [their] clients to a new asset class.\u201d
\nMagazine: Bitcoin ETFs make Coinbase a \u2018honeypot\u2019 for hackers and governments \u2014 Trezor CEORead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump\u2019s tariff policies \u2014 an… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125325"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125325"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125325\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125325"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}