The post Bitcoin’s value will multiply 15x in the next five years appeared on BitcoinEthereumNews.com.

Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin’s value will reach at least $1.5 million by the time 2030 rolls around, growing by 15x from its current price. In a recent interview on the YouTube channel The Diary of a CEO, Wood breaks down the main reasons why she believes BTC (BTC)’s value is bound to skyrocket to at least $1.5 million within the next few years. The ARK Investment CEO mentioned several core pillars which make up the “building blocks” of BTC’s growth in the market. One of the major drivers is institutional investments from corporate holders such as Arkham, Strategy and Metaplanet. “Bitcoin is more of an investment because it does appreciate overtime. Now you go through [it], it’s volatile. No question. And that’s the first thing people have to know about it. But it is becoming less volatile as more and more investors hold it,” she said in the interview. According to Wood, a lot of institutional investors have just started to gravitating towards BTC. Therefore, she believes the crypto space will see a flurry of demand from institutional holders who see the appeal of Bitcoin as a new asset class that offers diversification for business portfolios. Wood remarked that the world has not had a new asset class since the 1600s with the introduction of equities. Since then, the global market’s has been occupied by the same traditional assets including stocks, bonds, commodities and real estate. However now, there is a recent shift towards Bitcoin as a desirable asset. “If this asset does not perform like other assets, in other words, it provides diversification for funds. And because it is behaving differently, institutions have to consider it,” said Wood. Price chart for Bitcoin in the past few hours of trading, June 9, 2025…

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Filed under: News - @ June 9, 2025 7:28 am