Cathie Wood: Bitcoin and Gold Have Low Correlation, Recommends Diversifying with BTC, ETH, SOL

Low Correlation Between Bitcoin and Gold

According to Cathie Wood, founder of ARK Invest, the correlation between Bitcoin and gold has been minimal since early 2020, with a reading of only 0.14. This indicates that despite gold outperforming Bitcoin in previous bull markets, the two assets have shown little correlation.

Recommendation for Diversification

Wood suggests investors consider diversifying their portfolios with digital assets like BTC, ETH, and SOL. She believes these assets offer strong long-term potential and can deliver better returns across different economic cycles.

• Bitcoin and gold show low correlation
• Gold previously outperformed Bitcoin
• Recommend diversifying into crypto assets