Cathie Wood: ARK maintains its prediction that Bitcoin will reach over $1 million in price within five years

ChainCatcher news, according to CoinDesk, ARK Invest CEO Cathie Wood stated that ARK's bullish expectation for Bitcoin remains well above $1 million in the next five years. Wood mentioned that Bitcoin has become the primary entry point for institutions into the digital asset space and is gradually replacing gold as a store of value. She emphasized that ARK has not changed its stance on this view.