This Investment Might be "Tariff-Proof," and It Could Soar 1,715% by 2030, According to Cathie Wood's Ark Invest

On April 2, U.S. President Donald Trump announced plans to impose a sweeping 10% tariff on all goods imported into America, in addition to a series of much higher "reciprocal" tariffs on specific countries. Risk assets like stocks and cryptocurrencies plummeted on fears of an abrupt slowdown in the global economy, but the president has now placed a 90-day pause on some of the reciprocal tariffs, which has stabilized the markets.Digital products, services, and assets were mostly exempt from the tariffs, which meant cryptocurrencies were fundamentally unaffected. But that didn't stop them from declining amid the broader turmoil, as investors ditched them in favor of safe havens like cash. Even Bitcoin (CRYPTO: BTC), which is the world's largest cryptocurrency with a market capitalization of $1.6 trillion, tumbled by as much as 10% after April 2.Ark Investment Management, which was founded by seasoned tech investor Cathie Wood, thinks Bitcoin could reach a price of $1.48 million by 2030, which implies a potential upside of 1,715%. Tensions between America and its trading partners could persist for the foreseeable future, and since Ark thinks that Bitcoin will be mostly immune to the long-term fallout, it might be a good addition to a traditional investment portfolio. Here's what investors need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool