Cathie Wood, founder and CEO of investment management company ARK Invest, reiterated her bullishness on Bitcoin and other cryptocurrencies in a recent talk at Lyceum Miami with journalist and investor Anthony Pompliano.

Wood provided some insights into her investment strategy and outlook for the industry — despite some recent setbacks to the broader crypto macro — like the collapse of both FTX and Silvergate, Wood says she remains bullish.

One key point Wood added is that she believes Bitcoin is a hedge against inflation and that it has the potential to play a role in diversifying institutional portfolios.