
Keith Ricketts
18dCathie Wood explains why crypto market will explode ‘to $25 trillion in 2030’
thestreet.com
Cathie Wood, CEO of ARK Invest, predicts the crypto market will reach $25 trillion by 2030 as U.S. regulations become clearer and financial institutions embrace digital assets.
Wood believes the growth will be driven by bitcoin and ethereum, citing increasing interest from Wall Street firms and BlackRock's partnership with Coinbase to offer a spot bitcoin ETF.
She sees crypto as a new asset class providing diversification and acting as a hedge against both inflation and deflation, comparing it to the early days of the internet.
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