Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Solana Policy Institute wants to see more equities issued onchain

12/07/2025

Remixpoint to buy $7m more in Bitcoin, raising crypto holdings to $84m

12/07/2025

Pro-XRP Attorney Deaton Rejects Refunds, Fights for Fair Payouts

12/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Remixpoint to buy $7m more in Bitcoin, raising crypto holdings to $84m

    12/07/2025

    While Bitcoin is at $110,000 Levels, Industry Experts Make Bitcoin Price Predictions! Here Are 9 Experts’ BTC Price Predictions

    12/07/2025

    Historic Speech Expected! Here is the Participant List!

    12/07/2025

    CryptoQuant Analyst Announces Record Prediction for Bitcoin in 16 Days! “But, First Rally, Then Fall!”

    12/07/2025

    Massive Binance Whales’ Ethereum (ETH) Accumulation: Is Supply Shock Incoming?

    11/07/2025

    Ethereum (ETH) Price Prediction for July 8

    11/07/2025

    Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

    11/07/2025

    It’s Time for Ethereum (ETH), Which Lags Behind Bitcoin, to Explode! Analyst Points to This Week!

    11/07/2025

    They Unstaked $40 Million Worth of Tokens

    12/07/2025

    Goblintown Heads to the Trenches With Solana Meme Coin Launch

    12/07/2025

    Grok Glitch Inspires Wave of ‘MechaHitler’ Meme Coins

    12/07/2025

    Eigen Labs Sends Home 25% of Its Employees to Focus on a16z-backed EigenCloud

    12/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    09/07/2025

    Solana Policy Institute wants to see more equities issued onchain

    12/07/2025

    Remixpoint to buy $7m more in Bitcoin, raising crypto holdings to $84m

    12/07/2025

    Pro-XRP Attorney Deaton Rejects Refunds, Fights for Fair Payouts

    12/07/2025

    Malta’s MFSA Partially Meets Expectations in MiCA Authorization Process for OKX and Other CASPs

    12/07/2025
  • Blockchain

    Solana Policy Institute wants to see more equities issued onchain

    12/07/2025

    Nansen Becomes Official Validator Platform for Caldera Ecosystem 

    12/07/2025

    MAP Protocol Unleashes Revolutionary Omnichain Swaps for Bitcoin and Beyond

    12/07/2025

    Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure Review

    12/07/2025

    Endless Protocol Teams Up with REI Network to Accelerate Web3 Development

    12/07/2025
  • DeFi

    Plume Launches SkyLink on TRON to Enable Real-World Asset Yields

    11/07/2025

    EUL Hits New All-Time High Led by Protocol Growth

    11/07/2025

    AscendEX Forges Partnership with M3 DAO to Bridge Real-World Finance and Web3

    11/07/2025

    Aave Outperforms DeFi Sector with 52% TVL Surge in Q2

    11/07/2025

    Bitcoin Exchange Bithumb Shares New Listing Announcement! Here’s the Listed Altcoin

    11/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    Pro-XRP Attorney Deaton Rejects Refunds, Fights for Fair Payouts

    12/07/2025

    Strategy joins Russell Top 200 Value Index with $64b BTC on the books

    12/07/2025

    Hong Kong’s Upcoming Stablecoin Rules to Shake Up US Dollar Dominance, Deter Bigger Players

    12/07/2025

    Why Spanish Vanadi Coffee’s $1.1B Bitcoin Bet Will ‘Likely Fail’

    12/07/2025

    World Liberty Financial has a mobile app ‘in the works’

    12/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Crypto.com and Emirates Announce Major Airline Payments Deal

    12/07/2025

    Pump.fun Token Sale Set for July 12, Not Open to European Traders: ByBit

    12/07/2025

    Chinese Creditors Launch Fierce Opposition to Delay Tactics

    12/07/2025

    Circle and OKX launch zero-fee 1:1 USDC-to-USD conversions

    12/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    The Real Lifestyle and WILDGO Partner to Transform Tokenized Real Estate

    12/07/2025

    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

    10/07/2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    09/07/2025

    Gear Runner Integrates with Meta Arena to Deliver Gamified Real-World Activity and Move to Earn for GameFi Fans

    09/07/2025

    CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy’s Bye Week

    12/07/2025

    Russia elevates AI over Bitcoin with impending ban on data center mining

    11/07/2025

    BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot

    11/07/2025

    Shareholders push back against high pay for public Bitcoin miner execs after record equity grants

    11/07/2025

    Malta’s MFSA Partially Meets Expectations in MiCA Authorization Process for OKX and Other CASPs

    12/07/2025

    IMF Opposes Power Subsidies for Crypto Mining Amid Grid Concerns

    12/07/2025

    Another Appointment from the US to Rejoice the Cryptocurrency World – Appointed to a Critical Position

    12/07/2025

    Trump is close to his first major crypto policy win

    12/07/2025

    Solana Policy Institute wants to see more equities issued onchain

    12/07/2025

    Remixpoint to buy $7m more in Bitcoin, raising crypto holdings to $84m

    12/07/2025

    Pro-XRP Attorney Deaton Rejects Refunds, Fights for Fair Payouts

    12/07/2025

    Malta’s MFSA Partially Meets Expectations in MiCA Authorization Process for OKX and Other CASPs

    12/07/2025
  • MarketCap
NBTC News
Home»Bitcoin»ARK Invest’s Cathie Wood Reveals Why Bitcoin Will Reach $1.48 Million
Bitcoin

ARK Invest’s Cathie Wood Reveals Why Bitcoin Will Reach $1.48 Million

NBTCBy NBTC20/10/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


ARK Invest CEO Cathie Wood is no stranger to Bitcoin predictions given that the asset manager has previously said that BTC will go to $500,000 and even reach $1 million. As always, Wood remains steadfast in her Bitcoin predictions, coming out once more with an even more daring figure for the pioneer cryptocurrency.

Cathie Wood Says Bitcoin To $1 Million

Cathie Wood, who is the founder and CEO of ARK Invest, an investment firm with over $6 billion in assets under management (AUM) has come forward with a new price expectation for Bitcoin. The CEO had a chat with Natalie Brunell, hist of the “Coin Stories” podcast, where she made this new prediction.

As Wood explains, ARK Invest’s research team’s efforts have shown that Bitcoin’s growth will be largely driven by institutional adoption. They expect the digital asset to undergo a massive rally as the next decade begins.

Wood points to the adoption trend of new assets by these large institutional investors and how they often tend to allocate their portfolios. As the CEO points out, between 5% and 6% of institutional investors’ portfolios were allocated to assets such as real estate after the managers had tested the waters.

Bitcoin could be seen as being in the ‘testing the waters’ phase where institutional investors are still only putting around 1% into the digital asset to see how it turns out. Then gradually, they expand their allocation until they get to that 5% to 6% range. Now, when this happens, as Wood has pointed out before, BTC will cross the 7-figure mark.

BTC price fails to reclaim $28,500 | Source: BTCUSD on Tradingview.com

Wood tells Brunell that she wants the Bitcoin price to cross $1 million by 2030. But this doesn’t mean that the CEO does not expect the digital asset to grow further as she puts it as high as $1.48 million in the next seven years.

The ARK Invest founder further points out that some companies are already starting to exceed the conservative 1% allocation. “Tesla, Square have Bitcoin on the balance sheets. But we make very cautious assumptions and I think the corporate treasury assumption is 2.5% of all cash and cash equivalent in Bitcoin.”

Wood stated:

If we’re right and the purchasing power of Bitcoin becomes so obvious in the years ahead, meaning the purchasing power goes up, instead of cash [dollars] staying pretty flat, if not, in real terms, deteriorating, then more and more corporate treasuries are going to be putting Bitcoin on their balance sheets.

She believes analysts at these companies will ask companies to put money into BTC rather than leave it in cash where the value continues to decline.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Remixpoint to buy $7m more in Bitcoin, raising crypto holdings to $84m

12/07/2025

While Bitcoin is at $110,000 Levels, Industry Experts Make Bitcoin Price Predictions! Here Are 9 Experts’ BTC Price Predictions

12/07/2025

Historic Speech Expected! Here is the Participant List!

12/07/2025

CryptoQuant Analyst Announces Record Prediction for Bitcoin in 16 Days! “But, First Rally, Then Fall!”

12/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Solana Policy Institute wants to see more equities issued onchain

12/07/2025

Remixpoint to buy $7m more in Bitcoin, raising crypto holdings to $84m

12/07/2025

Pro-XRP Attorney Deaton Rejects Refunds, Fights for Fair Payouts

12/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.