ARK Invest, which appeared in the CEO of Bodctast, appeared that the approval of the “green light” on the money circulating in the exchange of bitcoin in January 2024 has only opened the gates to what it described as “Panch” of institutional assets. “One hundred billion dollars” of the new offer because only 1 million is still extracted.
Why Cathy Wood eyes $ 1.5 million per bitcoin
wood framed Irisification and demand for the conditions of the blatant macroeconomic economy. With almost 20 million BTC already, the investment funds circulated in the United States alone unloaded more than 1.2 million coins -5.7 percent of the offer at the end-which was launched eighteen months ago, according to the Bitbo ETF Tracker. Daily flow data shows that even on a calm trading day, money such as Ibit’s Ibit’s and ARK-21-SHares can absorb tens of millions of dollars from bitcoin, and sometimes hundreds of coins from open markets are drained in one session.
Wood said: “The SEC decision effectively legitimizes bitcoin currencies as a class of assets,” saying that the credit pressure will force the adult wealth managers to follow up the first adopters. The current migration compared with the early 1990s to adopt the index boxes: once a single blue pension was moved, “others had to consider this” or risk a weak performance. Noting the experience of her private company-which first bought GBTC for $ 250 per currency in 2015-Wood said that doubts of traditional financing often represent the “sweet spot” for the long horizon investors.
Long -term thesis is an explicit cash. Quoted from her teacher Arthur Lavir, Bitcoin described as “the global monetary system based on the rules that we have waited since the United States closed the gold window in 1971”. Since Bitcoin’s algorithm schedule is fortified against financial or political tampering, it will attract central bank reserves and corporate treasury in the judicial states where the value of local currencies is reduced by a policy error. She says this dynamic is accelerating: “Emerging savings on the market needs an insurance policy”, and for the younger regrets, “digital gold” is easier than alloys.
The ARK is now $ 1.5 million per Bitcoin by 2030-more than just fifteen times the price of today. Wood said that the three largest “building blocks” are the allocation of the institutional wallet, the demand for the Millennium and GEN-Z generation, and the adoption of the popular base in the economies exposed to inflation through the stablecoin bars. She pointed out that none of the current expectations do not assume a wholesale transformation of sovereign reserves, and do not put a model for secondary request from the bitcoin -guided lending, both of which believe that it can escalate if the deficit and the costs of debt service continued to climb.
Wood also linked bitcoin’s attractiveness to a wider Macro’s background than financial stress and accumulated confidence in Fiat systems. She said: “Government spending is the imposition of taxes-either now or through inflation,” warning that the ongoing deficit threatens the state of reserve work for the dollar and thus increases the attractiveness of the book of the guaranteed political professor by “the largest computer network in the world.” While it admitted Bitcoin’s volatility, Wood argued that the maturity of the derivative markets and the increase in the depth of ETF already weakens severe price fluctuations.
With the Bitcoin Spot investment funds controlled in the stock larger than the holdings of Satoshi Governor, Wood claims that the shock of the offer has only started. “There is no mechanism to create more than 21 million coins,” Bartlet said. “If the institutions want to be exposed, the price will have to set – study.” Exactly how the dramatic question remains the cost of $ 1.5 million, but Wood warning is unambiguous: the slower engines may discover that they are trying to buy what the market can no longer provide easily.
At the time of the press, BTC was traded at $ 10,200.
Distinctive image created with Dall.e, Chart from TradingView.com
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