Cathie Wood, CEO of Ark Invest, reiterated her confidence in Bitcoin's long-term dominance, highlighting its impeccable security record and growing institutional adoption. Speaking on a podcast, Wood described Bitcoin as a 'rule-based, quantitatively limited global monetary system,' predicting that its price will rise with the approval of spot Bitcoin ETFs and increased institutional investments. Ark Invest's research underscores the belief that Bitcoin's inherent security and scarcity will encourage long-term holding and bolster market confidence. Wood's comments reflect a broader sentiment among institutional investors who view Bitcoin as a stable and valuable asset in the evolving financial landscape.