Wood's Take on Bitcoin and U.S. Policy Outlook
Cathie Wood recently pointed out that the U.S. government may start buying Bitcoin in the coming months to build a national reserve. She emphasized that this move would carry both economic and political significance.
Bitcoin’s Strategic Role Grows
Wood explained that Bitcoin is increasingly seen as a strategic reserve asset. She believes that amid current economic volatility, it could become a key part of diversifying national reserves.
Political Implications Ahead of Midterms
She also noted Bitcoin's potential influence in the upcoming midterm elections. It could become a tool for candidates to appeal to younger, tech-savvy voters and shape policy narratives.
- Bitcoin could enter national reserve discussions
- Its value as a strategic asset is growing
- Politicians may leverage it to attract innovation-focused support