Cathie Wood, CEO of ARK Invest, has reiterated her optimistic outlook on Bitcoin (BTC) in a recent interview with Bloomberg, suggesting that significant political and regulatory changes could propel the cryptocurrency to new heights.
Bitcoin To Exceed $1 Million By 2030?
With the election of Donald Trump, Wood anticipates a surge in private-company acquisitions that have been hindered by a “regulatory red tape,” which she believes will unlock substantial opportunities for investors and venture capitalists.
During her interview, Wood highlighted that alterations at the Federal Trade Commission (FTC) are likely to revitalize merger-and-acquisition activity, paving the way for what she terms “liquidity events.”
This shift could lead to a more dynamic market environment where strategic buyers can actively assess and bid for innovative companies, ultimately
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