- Cathie Wood of ARK Invest predicts explosive growth in crypto, reaching $25 trillion by 2030 as regulation and institutional adoption increase.
- Wood believes crypto is still in its infancy but has massive potential, similar to the early days of the internet. She is an influential crypto advocate.
- According to Wood, bitcoin and Ethereum will lead crypto’s growth. She sees crypto as an important new asset class and inflation/deflation hedge.
Perspective from a Crypto Believer
Wood believes the crypto market will grow from $1 trillion today to $25 trillion by 2030. She cites growing interest from Wall Street firms like BlackRock offering crypto assets as a key driver of this growth. As an early adopter through ARK Invest and bitcoin/Ethereum bull, Wood is an influential voice.
Growth Will Be Led by Bitcoin and Ethereum
According to Wood, bitcoin and Ethereum will dominate the crypto market’s growth in the coming years. She draws a parallel to the early days of the internet, noting that crypto is a “very big idea” still in its infancy.
The Value of Crypto as an Asset Class
Wood sees crypto, especially bitcoin, as an important diversifier away from legacy economies and central banks. She describes it as an inflation and deflation hedge. With multiple Bitcoin ETF applications under review, excitement is building around this new asset class.