Cathie Wood says $ARKK is "the new Nasdaq"

Cathie Wood says $ARKK is "the new Nasdaq."

It was up 40% in January.

Previously, she said: “Innovation was one of the biggest victims of the massive interest rate increase we saw last year,” she said. “We felt it every time chairman Powell spoke.”

In that same interview, she said Bitcoin would be $1M by 2030.

Cathie Wood has said that Bitcoin will be worth $1 million per coin by 2030.

"Sometimes you need to battle test, you need to go through crises to see the survivors," she said.

"We think bitcoin is coming out of this smelling like a rose," she said.

"And once they actually do the homework and see what's happened here, I think they might actually be more comfortable moving into bitcoin, and perhaps ether, as a first stop because they'll understand it more," she said.

She recently did a report that said Bitcoin could hit $1.5 million in just 7 years, per Forbes.