ARK Invest CEO Predicts Bitcoin to Reach $1 Million in Five Years

Cathie Wood, CEO of ARK Invest, shares an optimistic outlook for Bitcoin, predicting its value will surpass $1 million within the next five years. According to PANews, Wood believes Bitcoin’s role as a gateway for institutions into the digital asset market is crucial, and its steady transition from a store-of-value alternative like gold is expected to continue. ARK’s stance on this perspective remains unchanged.