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ARK Invest CEO Cathie Wood has a “base case” for $BTC going to $600k by 2030 but a “bull case of $1.5m by 2030”. 
In a recent appearance on CNBC, <a href="https://crypto.news/tag/cathie-wood/" data-type="link" data-id="https://crypto.news/tag/cathie-wood/">Cathie Wood</a>, CEO of Ark Invest, reaffirmed her optimistic 2030 Bitcoin price predictions. Wood’s projections include a bear case of $258,500, a base case of $682,800, and a bullish scenario of $1.48 million. Wood <a href="https://twitter.com/Ashcryptoreal/status/1745424486336229438" data-type="link" data-id="https://twitter.com/Ashcryptoreal/status/1745424486336229438" target="_blank" rel="noopener">disclosed</a> that 25% of her net worth is invested in Bitcoin. 
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This announcement comes on the heels of the <a href="https://crypto.news/sec-approves-spot-bitcoin-etf-on-accelerated-basis/" data-type="link" data-id="https://crypto.news/sec-approves-spot-bitcoin-etf-on-accelerated-basis/">approval</a> of the Bitcoin Exchange-Traded Fund (ETF), with a price of $44,500 pre-approval on Wednesday. Within the first hour of trading this morning, Bitcoin soared to $49,000 with <a href="https://twitter.com/theblockupdates/status/1745473231878812100" data-type="link" data-id="https://twitter.com/theblockupdates/status/1745473231878812100" target="_blank" rel="noopener">$2 billion in volume</a>, showing the ETF’s immediate impact on the market. 
 You might also like: <a href="https://crypto.news/coinbases-bitcoin-otc-trading-volume-reaches-second-highest-level-in-history/"> Coinbase’s Bitcoin OTC trading volume reaches second-highest level in history </a> 
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 “We believe that Bitcoin is a public good. What we have here, we believe, is a financial super highway. It is the layer of the internet that developers did not build in, in the early 90’s, because no one ever foresaw commerce or financial services.” <cite>Cathie Wood on CNBC</cite>
</blockquote> 
Cathie Wood’s consistent bullish outlook on Bitcoin (<a href="https://crypto.news/price/bitcoin/" data-type="link" data-id="https://crypto.news/price/bitcoin/">BTC</a>) is rooted in her belief that the cryptocurrency’s future is intricately tied to technological innovation. Despite Bitcoin’s current price being below its 2021 peak, Wood remains resolute in her prediction of a valuation surpassing $1 million per Bitcoin within the next decade. 
 Read more: <a href="https://crypto.news/arks-cathie-wood-condemns-sec-chair-says-gensler-denigrated-crypto/"> Ark’s Cathie Wood condemns SEC Chair, says Gensler ‘denigrated’ crypto </a>

Cathie Wood has $1.5m bull case for Bitcoin price by 2030

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