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16 September 2021

Cathie Wood Reiterates $500K Bitcoin Call, Reveals Ethereum Rebalancing

Cathie Wood Reiterates $500K Bitcoin Call, Reveals Ethereum Rebalancing


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Ark Invest’s chief executive officer and chief investment office Cathie Wood, is backing up her bold claim that Bitcoin will reach $500,000.

Should that occur, Wood believes “that the price will be tenfold of where it is today,” she said.

However, the Ark CEO said that the firm would “probably do 60% bitcoin, 40% ether” in the future, keeping the portfolio’s focus on BTC

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