Cathie Wood Makes Bold Ethereum Price Prediction, Sees Potential for Massive Gains But Forecast Viewed Skeptically

Cathie Wood predicts Ethereum could reach $166,000 by 2032, a 5000%+ increase from current levels
Ethereum differs from Bitcoin in that it supports decentralized apps and tokens beyond just payments
Upgrades like The Merge have made Ethereum more energy efficient and scalable
Regulatory clarity from the SEC could eventually allow Ethereum ETFs and broader institutional adoption
But Wood's extreme prediction should be taken with skepticism given her spotty track record of picks in Ark Invest funds