Cathie Wood, CEO of ARK Invest, expressed concerns about the potential recession risk in the U.S. economy due to President Trump's tariff policies, emphasizing a slowing velocity of money. At the Digital Asset Summit in New York, she noted that while Treasury Secretary Scott Bessent is unconcerned, ARK is worried about the economic implications. Wood suggested that if a recession occurs, it might prompt the president and the Federal Reserve to adopt pro-growth measures such as tax cuts and adjustments in monetary policy. Investors anticipate the Fed will halt its quantitative tightening before May and lower interest rates by June, with nearly 65% probability. Despite recent market volatility, Wood maintains optimism about long-term innovation prevails, stating that crypto remains a viable investment strategy. She highlighted the acceptance of crypto assets by institutions is increasing, which aligns with ARK's research into blockchain technology as a new asset class.

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