Cathie Wood: BTC a high-return asset due to low correlation

Ark Invest CEO Cathie Wood stated in the firm's 2026 market outlook report that Bitcoin's low correlation with major asset classes like gold, stocks, and bonds makes it a viable alternative for asset allocation investors seeking higher risk-adjusted returns. She added that new Bitcoin issuance is limited to an annual rate of around 0.8% for the next two years, after which it is expected to fall to 0.4%. Wood noted that unlike gold, where mining can increase in response to price hikes, Bitcoin's supply is fixed by its protocol, giving it structural scarcity. This combination of supply constraints and growing demand has contributed to a price increase of approximately 360% since the end of 2022.