Ark Invest’s Cathie Wood believed a big part of the recent rally in Bitcoin (CRYPTO: BTC) was the result of a “flight to safety” that people aren’t talking about. What To Know: Wednesday on CNBC’s “Squawk Box,” Wood acknowledged the momentum in Bitcoin was partially driven by a surge in demand following the approval of spot Bitcoin ETFs in January. But she suggested there was another piece to the puzzle being somewhat overlooked. “There’s something else going on around the world,” Wood said. “There are currency devaluations taking place that people are not talking about.” Wood told CNBC the Ni…