Top Crypto CEO Backs Cathie Wood’s $1 Million Target For Bitcoin, Here’s How Long It’s Going To Take
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Hardware wallet firm Trezor‘s CEO, Matej Zak, is on board with Ark Invest‘s Cathie Wood’s bold call that Bitcoin (CRYPTO: BTC) could eventually hit $1 million — but cautions that such levels may still be a long way off.
Speaking with Benzinga, Zak said, “I believe it will happen at some point…For the million…10 years is my guess.”
His comments come as institutional investors continue to dominate the cryptocurrency market following the launch last year of spot Bitcoin ETFs in the U.S., while retail participation remains relatively muted.
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