Cathie Wood bets big on $28 trillion crypto future
Last year, every time a dip occurred, I knew my feed will blow up with “Cathie Wood buys the dip” headlines.
But Wood has been unusually quiet this year when it comes to buying her favorite crypto-linked stocks.
However, she is anything but silent on crypto.
In fact, her latest crypto outlook may be one of the boldest yet.
In a report released on Jan. 21, Wood’s investment firm ARK Invest laid out a vision of a digital asset market that could swell to $28 trillion by 2030, with Bitcoin taking the lion’s share.
Related: Cathie Wood backs down on $1.5M Bitcoin price prediction
According to ARK’s projections, the combined market for digital currencies and smart contract networks could grow at an annual rate of…
