• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Polymarket Set To Go Live In The US Following CFTC Approval, Says CEO
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Polymarket Set To Go Live In The US Following CFTC Approval, Says CEO
Bitcoin

Investment Genius Cathie Wood Says Bitcoin Is Headed To $1.5 Million – Here’s Why

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Uncategorized
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ark Invest CEO Cathie Wood has reiterated her bullish stance on Bitcoin. The investment mogul, who recently disclosed she allocated 25% of her wealth into Bitcoin, has now predicted the cryptocurrency is on a highway to new highs. 

Related Reading: Crypto In The Spotlight: Estonia Greenlights Regulation Bill

Particularly, Wood called Bitcoin a “financial super highway,” amidst discussions of its importance in emerging markets. As a result, she reiterated that the price of Bitcoin could end up as high as $3.8 million.

Cathie Wood Reiterates Bullish Stance On Bitcoin

Wood made her very bullish prediction at a Friday Bitcoin Investor Day conference in New York. Interestingly, this recent prediction surpasses another one made in January where she predicted that the digital asset could potentially hit $1.5 million by 2030. This means Bitcoin could increase by another $2.3 million after reaching her existing target. 

Wood credits this price growth to a major shift in the global market dynamics as Bitcoin continues to receive adoption, especially in developing countries. She made a case of Nigeria, whose struggle with unprecedented inflation in recent times has pushed its citizens to run to cryptocurrencies like Bitcoin to hedge against inflation. 

“There are signals that not all is well in the world,” she said.

Interestingly, Wood revealed that Ark Invest, her investment company, has now diverted most of its attention into emerging markets such as this. She also noted that Bitcoin could continue on a price surge as institution interest continues to rise and institutions start to allocate a little more than 5% of their portfolio to the cryptocurrencies.

At the same time, Wood believes the US Securities and Exchange Commission’s recent greenlight for institutional investment in Bitcoin is a huge driving force for its growth to $3.8 million.

“We think Bitcoin has miles to go,” Wood said.

Bitcoin is now trading at $64.936. Chart: TradingView

What’s Next For Bitcoin?

At the time of writing, Bitcoin is trading at $64,256, up by 25% in the past 30 days. Most of Bitcoin’s price growth in the past few months has been centered around the launch of Spot Bitcoin ETFs in the US. Wood’s Ark Invest was one of the Bitcoin ETF issuers approved by the SEC and has done relatively well since then. These ETFs have now received a total net flow of $11.269 billion since their launch.

Related Reading: SEC Chair Gary Gensler Says Crypto Industry Needs ‘Disinfectant’ – Here’s Why

Bitcoin, however, is currently struggling with its price surge. The crypto is now down 12% from an all-time high of $73,780 which it attained earlier in the month. At the same time, Spot Bitcoin ETFs witnessed consecutive days of outflows last week amidst the price struggle. On the other hand, Bitcoin continues to attract bullish sentiment from investors and the cryptocurrency could resume its price surge very soon. 

Featured image from Pexels, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

MEXC’s Zero-Fee Futures Strategy Fuels Record Q2 Growth

MEXC’s Zero-Fee Futures Strategy Fuels Record Q2 Growth as Traders Pivot to Stablecoins and DeFi

6 hours ago
Prezzo di Ethereum Più Influenzato dai Mercati Off-Chain Rispetto a Bitcoin

Prezzo di Ethereum Più Influenzato dai Mercati Off-Chain Rispetto a Bitcoin

8 hours ago
Đồng tiền điện tử hàng đầu nên mua trước khi tăng 3.500%

Đồng tiền điện tử hàng đầu nên mua trước khi tăng 3.500% – Theo Cathie Wood của ARK Invest

1 day ago
Top 3 Altcoin Đang Được Cá Voi Tích Lũy Ngay Lúc Này

Top 3 Altcoin Đang Được Cá Voi Tích Lũy Ngay Lúc Này

1 day ago
Những Meme Coin Nên Mua Ngay – Dự Án Đang Gây Sốt Trong Giai Đoạn Presale

Những Meme Coin Nên Mua Ngay – Dự Án Đang Gây Sốt Trong Giai Đoạn Presale

2 days ago
Prevendita PEPENODE in Corso: Scopri le Novità

Prevendita PEPENODE in Corso: Scopri le Novità

2 days ago

Premium Sponsors

Press Releases

  • miner

    Expectations of a Federal Reserve rate cut and demand for...

    3 hours ago
  • miner

    BlackRock suspends XRP listing, price faces resistance...

    3 hours ago
  • miner

    The September Curse Returns: How Crypto Investors Can...

    3 hours ago
  • Ethereum Price USD: The Latest Innovations of Crypto’s...

    5 hours ago
  • XRP Cloud Mining

    New Crypto Moves: FOR CRYPTO Launches AI Cloud...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.