Cathie Wood Sees Bitcoin Price Reaching $1.5M By 2030 After ETF Approval
Submitted by Anonymous (not verified) on Thu, 01/11/2024 - 20:10ARK Invest's CEO previously predicted the price to reach $1 million by 2030.
ARK Invest's CEO previously predicted the price to reach $1 million by 2030.
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unlea

The crypto exchange has a dominant role in all but one of the approved ETFs, acting as an issuer or custodian, the report said.
SEC approval opens floodgates to spot Bitcoin ETFs, with over $1.2B trading in the first 30 minutes across 11 new products.
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
Ripple spending up to $500M on share buybacks for investors, values company at $11.3B amid ongoing SEC legal battle.
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