Ark Invest CEO Cathie Wood’s optimistic outlook is underscored by her prediction that bitcoin will hit $1.2 million by 2030, a figure she recently downgraded.
Her revised forecast in November 2025, down from a previous $1.5 million, stems from the rapid growth of stablecoins, which she believes could take away some of bitcoin’s value as a medium of exchange.
However, Wood’s influence on the crypto space extends beyond her bullish projections. Ark’s spot bitcoin ETF, launched in collaboration with 21Shares, ranks as the third-largest in the U.S., following asset management leaders BlackRock and Fidelity.
Wood’s positive views on the cryptocurrency sector are reflected in Ark’s major ETFs, with the $8.4 billion Innovation ETF listing crypto exchange Coinbase among its top holdings, as well as in two other prominent Ark ETFs.
Ark has also made significant investments in upcoming IPOs for stablecoin issuer Circle and crypto exchange Bullish (the parent company of CoinDesk) slated for 2025.
Through its ETFs, Ark—and Wood, who also serves as chief investment officer (CIO)—may be seen as a guiding light for identifying high-growth, disruptive technologies.
