ARK Invest CEO Cathie Wood says BTC could reach $1.5M in bull case

Cathie Wood, CEO of U.S. asset manager ARK Invest, which manages a spot Bitcoin ETF, reiterated a long-term bullish view on Bitcoin during a recent appearance on the podcast 'Moonshots,' saying the asset appears to be preparing for another major upswing. Wood said Bitcoin is maturing into a leading asset in a new institutional asset class and that, in a bull-case scenario, BTC could rise to $1.5 million. BTC was trading around $77,000 at the time of the report.