Cathie Wood sees Bitcoin and Ethereum as safe havens, but Ray Dalio remains skeptical.

Cathie Wood, CEO of ARK Invest, believes that Bitcoin and Ether are acting as "risk-off" assets and a "flight to safety" for investors amid macroeconomic uncertainty, similar to gold. However, Ray Dalio, founder of Bridgewater Associates, the world's largest hedge fund, is skeptical of Bitcoin's effectiveness as a currency due to its volatility and central banks' reluctance to adopt it. He believes that an "inflation-linked" coin would be a better alternative to ensure consumers secure their buying power.