Cathie Wood: We still stand by the prediction that "each Bitcoin will reach 1.5 million dollars by 2030"

In a recent interview, Cathie Wood clearly stated that despite the recent fluctuations and outflows of funds in Bitcoin, ARK Invest still maintains its long-term prediction: BTC will reach $1.5 million by 2030.

She pointed out that Bitcoin is currently at the “over half position” of its four-year cycle, and the structure still belongs to a bull market, but the current market is in a “risk-averse period,” leading to increased price fluctuations.

Cathie Wood believes that the trend of regulatory easing emerging in the United States will be crucial for institutional entry into this asset class. Asset allocators must form a view on Bitcoin, and including it in their portfolio will “significantly enhance risk-adjusted returns.”