Cathie Wood: Bitcoin will rise to $1.5 million by 2030

HashKey Capital CEO DC and ARK Invest's CEO and Chief Investment Officer Cathie Wood held a roundtable discussion at the Web3 Summit in Hong Kong. When asked about her predictions for Bitcoin prices, Cathie Wood stated, "I've been asked from different angles, our prediction for 2030 is $1.5 million, which is our bull market prediction, and now it's at $66,000. If it was last year, I would have said $600,000, but now we've raised it to $1.5 million because the SEC has given institutional investors the green light to issue BTC spot ETFs. The optimal allocation, if institutions allocate 5% of their assets to Bitcoin, the price will rise to $1.5 million."