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ARK Invest CEO Cathie Wood: Our base case for bitcoin is $600,000, bull case $1.5 million by 2030Cathie Wood's Ark Invest says the cryptocurrency market could soar 1,% by the end of the decade. That has positive implications for Bitcoin. ARK Invest bought million shares of ProShares Bitcoin Strategy ETF (BITO) yesterday after dumping its remaining holdings of the Grayscale. Cathie Wood, ARK Invest CEO, has been vocal about her belief in Bitcoin's potential to overshadow gold as the preferred safe-haven asset.
