Cathie Wood: Bitcoin is a “good source of diversification” for investors seeking higher returns
According to Jinse Finance, Ark Invest CEO Cathie Wood believes that due to bitcoin’s low correlation with other major asset classes, it can serve as a valuable diversification tool in institutional investment portfolios. In a comprehensive report, Wood pointed out that bitcoin’s low correlation with other major asset classes—including gold, stocks, and bonds—is a reason asset allocators should take bitcoin seriously. She wrote: “For asset allocators seeking higher risk-adjusted returns, bitcoin should be an excellent source of diversification.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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