Cathie Wood on Bitcoin as a portfolio diversifier

If you look at the correlation of Bitcoin's performance relative to any other asset class, it has the lowest correlation.  Meaning, if you buy some Bitcoin you will further diversify your portfolio and increase your returns with lower risk, right?  So that's why institutions look for that low correlation.  Bitcoin has it.  And so that's clear; we have 10 years of history now. 

~ Cathie Wood, "A typical day for Ark Invest's star stock picker Cathie Wood," Yahoo!Finance, 17:50 mark, February 6, 2021

(Bitcoin closed at $39,267 on Feb. 6.)