ARK Invest’s CEO Cathie Wood responded to JPMorgan Chase CEO Jamie Dimon’s dismissive comments about Bitcoin (CRYPTO: BTC). What Happened: Dimon, speaking at the World Economic Forum, likened Bitcoin to a “pet rock”, earlier this week, a sentiment he has echoed in the past by labeling Bitcoin “worthless” and a “hyped-up fraud.” Wood fired back, bringing attention to a post by Yassine Elmandjra, ARK Invest’s Director of Digital Assets. She said in a tweet on X, “Today, JPM’s Jamie Dimon called blockchain technology small, and added that bitcoin, a derivative of blockchain technology, is the equ…

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