• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • 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: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • 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: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Bitcoin

Cathie Wood Sees Bitcoin Hitting $1.5 Million By 2030 With ETF Green Light

Christian Encila
by Christian Encila
1 year ago
·
Posted in Bitcoin, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cathie Wood, CEO of ARK Invest, sent shockwaves through the cryptocurrency market by revising her Bitcoin price predictions upward in light of the SEC’s recent green light for spot ETFs.

Wood, already known for her bullish stance, now sees the digital asset potentially hitting $1.5 million by 2030, eclipsing her previous $1 million projection.

Bitcoin ETF Approval Ignites Bullish Surge

This newfound optimism stems from the “green light” Wood perceives the SEC approval to be. In a CNBC interview, she stated, “We think the probability of the bull case has increased with this SEC approval. This is a green light.”

Related Reading: Will Bitcoin Reach 8 Billion People After ETF Nod? Tron Founder Thinks So

ARK’s initial $1 million prediction was based on several factors, including the top crypto’s hashrate, long-term holder supply, and active addresses, all of which have remained strong compared to previous downturns. The ETF approval has simply added fuel to the fire.

Cathie Wood makes her $1.5 million bull case for the price of bitcoin by 2030. https://t.co/r34iRNA9bG pic.twitter.com/chWWDH7ioE

— CNBC (@CNBC) January 11, 2024

But Wood isn’t alone in her bullish outlook. Standard Chartered Bank recently predicted Bitcoin could reach $200,000 by 2025, drawing parallels to the launch of the first gold ETF in 2004.

Beyond price predictions, Wood emphasized the broader implications of the ETF approval. She described Bitcoin as a “public good” and a “financial superhighway,” highlighting its potential to revolutionize the way we interact with money. She further believes institutional investors’ entry through ETFs will significantly impact the digital asset’s price and trajectory.

BTC market cap currently at $900.106 billion. Chart: TradingView.com

Interestingly, Wood doesn’t anticipate the typical “sell-on-the-news” scenario, suggesting market positioning has already adjusted to the ETF news. Instead, she expects substantial inflows from both institutional and retail investors, with retail potentially leading the charge.

However, Wood’s optimism is tempered with a dose of caution. She acknowledges short-term volatility but expresses strong long-term confidence in Bitcoin. Ultimately, she sees the limited supply of 21 million coins as a powerful driver of future value, even with modest institutional allocation.

A Significant Turning Point

While Cathie Wood’s revised Bitcoin price prediction is undoubtedly attention-grabbing, it’s crucial to remember that it’s just one perspective. Cryptocurrencies are inherently volatile, and predictions are notoriously difficult to guarantee.

Related Reading: Bitcoin ETF: Navigating The Promise And Pitfalls Of Mainstream Adoption

Regulatory uncertainties and potential market bubbles remain concerns, highlighting the importance of thorough research and risk assessment before making any investment decisions.

One thing is certain: the SEC’s approval of spot Bitcoin ETFs marks a significant turning point for the world’s most popular cryptocurrency. Whether it fulfills Cathie Wood’s ambitious vision for a $1.5 million Bitcoin future remains to be seen, but it has undoubtedly opened a new chapter in the ongoing digital currency saga.

Bitcoin surged to over $49,000 on Thursday, reaching its highest point since December 2021, driven by the launch of U.S.-listed spot bitcoin exchange-traded funds (ETFs) and heightened anticipation. The cryptocurrency initially rose from below $46,000 to over $47,000, peaking at $49,042 during the early U.S. trading session. However, it later retraced all gains and fell below $46,000.

Featured image from Getty Images

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.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

hack-massif-transactions-crypto-compromises

Hack massif : vos transactions crypto sont-elles compromises ?

1 hour ago
Tron

Tron Surpasses Expectations With Record New USDT Addresses – Here’s What To Know

4 hours ago
RLUSD

Electric Car Maker Taps RLUSD For Payments As XRP Strategy Unfolds

7 hours ago
Best Crypto to Buy as Kazakhstan Wants National Crypto Reserve in 2026

Best Crypto to Buy as Kazakhstan Plans National Crypto Reserve in 2026

9 hours ago
Crypto news

‘Crypto Cloud Reset’: Putin Adviser Accuses US Of Plot To Erase $35 Trillion Debt

9 hours ago
Whales Rush In As Bitcoin Hyper’s $14.6M Presale Becomes $BTC's Ticket to Mainstream Success

Whales Rush In As Bitcoin Hyper’s $14.6M Presale Becomes $BTC’s Ticket to Mainstream Success

11 hours ago

Premium Sponsors

Press Releases

  • XRP Holders

    LET Mining: A Passive Income Engine for XRP Holders...

    37 minutes ago
  • miner

    Ripple (XRP) is attracting investor interest: ALL4 Mining...

    5 hours ago
  • MINER

    2025 Free Crypto Cloud Mining Sites Detailed Guide: No...

    7 hours ago
  • BAY Miner’s

    BTC Swings? BAY Miner’s USD Contracts Yield $85,777...

    7 hours ago
  • Bitcoin

    BTC’s surge doesn’t wait! GMO Miner helps you...

    7 hours ago

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

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.