Cathie Wood’s Ark Invest was the first ETF that sought to embody the entrepreneurial spirit of Silicon Valley, the first that attempted to mirror almost exactly the venture capitalist’s portfolio. Wood, the company’s founder and CEO, projects a ‘Teslaonomics’ future, predicting that she will capture $5 trillion of Tesla’s $10 trillion robotaxi future. She believes Bitcoin will rise from its current $35,000 per coin to $1.5 million per coin by 2030 – a 4,200 per cent rise – or possibly to $3.8 million per coin, if institutional investors move to allocate 5 per cent of portfolios to Bitcoin.
Johnny Rice owns shares of Bitcoin. The Motley Fool owns shares of and recommends Bitcoin and Tesla. The Motley Fool has a disclosure policy. This article was originally published by The Motley Fool. 1 Top Cryptocurrency to Buy Before It Soars 2,377%, According to Cathie Wood of Ark Invest.
Source: Yahoo! Finance
