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Ark Invest CEO Cathie Wood is as bullish as ever when it comes to bitcoin (BTC-USD). The cryptocurrency fell nearly 17% in February, but Wood believes "most people in the traditional financial world are extremely underweight" the asset.
Speaking with Yahoo Finance Executive Editor Brian Sozzi at the Bitcoin Investor Week conference in New York City, Wood also had plenty to say about Nvidia (NVDA). She thinks the stock is still a growth stock, saying the AI market "won't be Nvidia's alone, but all praise to Nvidia for the incredible opportunities it has created. It really got the AI revolution going and we think it's still going to play a mighty role."
Watch the video above to hear what Wood has to say about the decline in Tesla's (TSLA) shares.
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This post was written by Stephanie Mikulich.