1462: "Bitcoin Will Hit $25 Trillion Market Cap By This Date"

Appearing on CNBC's "Squawk Box", ARK Invest CEO Cathie Wood outlined her expectations for the crypto market and Bitcoin ETF as U.S. regulations become more clear and financial institutions begin to adopt the asset class. "Anyone owning Bitcoin knows this is global, this is not just a U.S. opportunity and it's big," Wood said. "It is going to scale from a little more than $1 trillion today to $25 trillion in 2030 as this new world builds out."

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