Cathie Wood, founder of ARK Invest, said that increasing global instability may create conditions for another Bitcoin rally. Investors are looking for assets that can preserve value across borders.

Wood made the remarks in a June 27 post on X. She said that while artificial intelligence has attracted significant investment, it cannot serve as a hedge against financial uncertainty. She described digital assets, including Bitcoin, as a form of insurance for wealth when confidence in traditional systems weakens.

ARK Invest disclosed that it purchased about $25.54 million worth of shares in Coinbase, SpaceX, Circle, Bullish and Robinhood across its exchange‑traded funds. Coinbase accounted for the largest portion, with 68,366 shares bought at an average price of $149.06, representing roughly $10.19 million. SpaceX was the second‑largest holding, with 45,728 shares acquired at $153.23 each for about $7.01 million. Circle saw the addition of 78,756 shares valued at approximately $5.79 million, while Bullish and Robinhood contributed purchases worth $1.34 million and $1.21 million respectively.

Analyst Lorenzo Valente of ARK noted that despite growing institutional participation in crypto, digital assets continue to provide protection in uncertain environments and should not be viewed solely as risk‑on investments. Wood’s comments coincide with broader market concerns about geopolitical tensions, inflation and potential further tightening of monetary policy by the Federal Reserve.

The outlook for Bitcoin remains contingent on future economic data and the trajectory of global instability, and market participants are watching how these factors may influence digital asset demand.