Cathie Wood Identifies Potential Bitcoin Bull Run Trigger: Trump Tariff Impact and Regulatory Approvals

ARK’s CEO, Cathie Wood, has identified a possible catalyst for a Bitcoin (BTC) bull run. She points to the potential impact of U.S.-UK tariff cuts on trade liberalization, particularly favoring tech and AI sectors. This optimism aligns with her belief that the U.S., U.K., and Hong Kong’s focus on free trade could drive innovation and growth in these industries. This follows a significant surge in investment products tied to cryptocurrencies, showcasing investor confidence. Last week alone, $785 million flowed into such funds, marking five consecutive weeks of positive demand. This momentum is evident in Bitcoin-focused funds, which saw $557 million in inflows during the week, though it marked a decline from the previous week’s record highs. However, investors are also cautiously looking at Bitcoin dips as potential entry points for short-bitcoin products, showing the ongoing debate around future price direction.