CEO of ETF issuer Ark Invest, Cathie Wood, pointed out 1.5 million dollars in Bitcoin (BTC).
Speaking at the Bitcoin investment conference in New York, Cathie Wood, CEO of Ark Invest, stood out with her statements about Bitcoin.
Describing Bitcoin as a “financial superhighway,” the CEO emphasized the significant use cases in emerging markets for this technological product.
Wood stated that Bitcoin has an unprecedented importance as both a store of value and its blockchain infrastructure, pointing to a price target of 1.5 million dollars.
Looking at the macroeconomic structure, the experienced figure expressed that major troubles can be significantly seen, highlighting that Bitcoin is one of the most reliable havens within the financial system:
Bitcoin has a long way to go. It’s one of the most reliable havens in the financial system. Investors are realizing this. While the dollar is losing value, reaching 1.5 million dollars for Bitcoin is not out of the question.
