LATEST: Cryptocurrency Market to Reach $25 Trillion by 2030, Predicts ARK Invest CEO

ARK Invest CEO Cathie Wood predicts that the cryptocurrency market will soar to a staggering $25 trillion by 2030. In an interview with CNBC, Wood expressed her optimism about the future of crypto as ARK Invest prepares to launch five new ETFs in collaboration with 21 Shares. She also acknowledged the role of anticipation in the market, suggesting that some price increases may be due to speculation on ETF approvals. Despite this, Wood emphasized the importance of underlying fundamentals, highlighting Bitcoin’s resilience and potential during times of economic uncertainty. The current crypto market cap is $1.43 trillion.

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