Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Katie Wood: bitcoin will reach $1.5 million by 2030 after the ETF approval


January, 12 2024
watermark Economic news

Katie Wood, head of the ARK Invest investment fund, expressed confidence that by 2030 the value of bitcoin could reach $1.5 million.


This optimism is due to the recent approval by the U.S. Securities and Exchange Commission (SEC) of a number of spot bitcoin ETFs. Wood said on Thursday: «We believe that the probability of a bullish outlook has increased following the SEC's approval. It's a green light.»


At the same time, even Wood's pessimistic forecast suggests that the price of bitcoin may rise more than five times compared to the current value. In her opinion, in a «bearish» scenario, the price of the token could reach $258,500. Wood's baseline scenario assumes that the price of bitcoin will reach $682,800.


Katie Wood also noted the uniqueness of bitcoin: «It is the first global, decentralized, digital, rule–based – critical - monetary system in history. It's a great idea.»


ARK Invest is among 11 companies whose applications to launch a spot bitcoin ETF have been approved by the SEC. These companies also include major investment giants, including BlackRock, Invesco and Fidelity.


hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.