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Cathie Wood Predicts $25 Trillion Crypto Market Valuation in 2030 Fueled by Institutional Bidding: Report

Cathie Wood, CEO of ARK Invest, has predicted that the total market capitalization of cryptocurrencies will increase by over 2,100% in less than seven years. Wood believes that financial institutions will begin investing heavily in Bitcoin and other digital assets, leading to a surge in the crypto market cap. She suggests that the approval of a Bitcoin exchange-traded fund (ETF) could be a catalyst for institutional investment, and the recent victory of Grayscale against the SEC may increase the chances of ETF approval. Wood predicts that institutional investment could raise the current $1.13 trillion crypto market cap to as high as $25 trillion by 2030, with Bitcoin comprising more than half of that total market cap.

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