Cathie Wood Predicts $20 Trillion Bitcoin Market by 2030 as Crypto Goes Mainstream
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Cathie Wood of ARK Invest expects the bitcoin market to reach $20 trillion by 2030.
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She predicts $5 trillion could flow into ethereum in the next decade.
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Institutional investment and adoption of crypto by traditional finance firms will drive growth.
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Firms are still working towards launching spot bitcoin ETFs in the US.
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Wood believes 2-6.5% of institutional assets could go into bitcoin as understanding increases.