- Cathie Wood says Bitcoin could reach $1.5M long term as institutional adoption accelerates and supply remains capped at 21M.
- Wood signals potential capital rotation from gold to Bitcoin as investors shift toward digital store-of-value assets.
- ARK Invest maintains Bitcoin exposure as ETF access expands and traditional investors increase crypto allocations.
ARK Invest CEO Cathie Wood said investors may consider rotating from gold into Bitcoin as digital assets gain traction. She stated that Bitcoin could reach $1.5 million over time. Her comments come as institutional interest in Bitcoin continues to grow alongside broader market shifts.
Wood Calls for Shift From Gold to Bitcoin
Cathie Wood said the current environment favors Bitcoin over gold. She explained that capital may gradually rotate from traditional safe-haven assets into digital alternatives. According to her, this transition is still in early stages.
Wood has previously described Bitcoin as a long-term store of value. She reiterated that view and linked it to changing investor preferences. “We believe Bitcoin is becoming the new store of value,” she said during recent remarks.
Gold has long served as a hedge against inflation and economic uncertainty. However, Wood suggested that younger investors increasingly prefer digital assets. She noted that portfolio allocations may adjust over time.
$1.5 Million Bitcoin Target
Wood projected that Bitcoin could reach $1.5 million in the coming years. The forecast is based on increased institutional adoption and limited supply. Bitcoin’s fixed issuance model is often cited in valuation discussions.
She pointed to growing demand from corporations, asset managers, and sovereign entities. As more participants enter the market, supply constraints may become more visible. Bitcoin’s total supply remains capped at 21 million coins.
The projection does not include a fixed timeline. Instead, it reflects a long-term outlook tied to adoption trends. Market conditions and regulatory developments may influence the pace of growth.
Capital Rotation and Market Context
Recent years have seen rising inflows into Bitcoin exchange-traded products. Institutional access has expanded through regulated investment vehicles. This development has allowed traditional investors to gain exposure more easily.
At the same time, gold markets have experienced fluctuations in demand. Investors often compare gold and Bitcoin as alternative stores of value. Both assets respond to inflation concerns and currency trends.
Wood’s comments align with ARK Invest’s broader digital asset strategy. The firm has maintained exposure to Bitcoin-related investments. As discussions around capital rotation continue, market participants are monitoring both gold prices and Bitcoin performance for further direction.
Source: https://www.livebitcoinnews.com/cathie-wood-predicts-1-5m-bitcoin-signals-gold-exit/
