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Crypto

Cathie Wood Sticks to $1.5M Bitcoin Target Amid Institutional Adoption

Guavy AI Editorial Team
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BTC
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Cathie Wood, CEO of ARK Invest, has reiterated her long-term bullish outlook for Bitcoin, suggesting it could reach $1.5 million in a bull-case scenario.

Wood made these comments during an appearance on the 'Moonshots' podcast, where she discussed Bitcoin's maturation as an institutional asset class and its potential for significant price appreciation.

ARK Invest has been a prominent advocate for Bitcoin, managing a spot Bitcoin ETF that provides traditional investors with regulated exposure to the cryptocurrency.

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