Cathie Wood Gains ETF Approval and Gives a $600 Thousand Price Target for Bitcoin!

Cathie Wood, CEO of Ark Invest, one of the companies that owns the Spot Bitcoin exchange-traded fund (ETF), made a $1.5 million price prediction for Bitcoin (BTC).

Cathie Wood excited investors with her recent Bitcoin prediction. Bitcoin “possible” in a scenario 600 thousand dollars The experienced name stating that it will rise to the band is for the bull scenario. $1.5 million he pointed out.

Predicting that these price targets will be realized by 2030, Wood said in his previous statement: $1 million He also increased his price prediction with the approval of Bitcoin ETF.

The CEO made the following statements in his prediction on the subject:

I foresee 600 thousand dollars in the basic scenario for BITCOIN. In the bull scenario, I believe 1.5 million dollars will come.

Ark Invest was among the companies that received spot Bitcoin ETF approval from the SEC, with the application submitted jointly with 21Shares.

According to CoinGecko data, in the last 24 hours 5.7% increase Bitcoin exhibiting, at the time of writing from $47,657 is being traded.

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