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Cathie Wood On Bitcoin’s Market Cap

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During a panel discussion hosted by the Chicago Board Options Exchange (CBOE) last week, CEO of investment management firm Ark Investment Management Cathie Wood shared some decidedly bullish sentiments about bitcoin’s past and present.

With BTC recently crossing a total market capitalization of $1 trillion, Wood provided her outlook on where demand for the asset is headed.

“If we add up the potential demand relative to the limited supply, we come up with incredible numbers over the long term,” she said. “We have just begun. $1 trillion is nothing compared to where this ultimately will be.”



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