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Kathy Wood: Sharp fluctuations in Bitcoin are a thing of the past., 2026/04/03 15:42:06

The CEO of investment firm ARK Invest, Cathie Wood, suggested that as Bitcoin matures as an asset, the sharp cycles of price declines and increases may be left far behind.
In an interview with CNBC, Wood stated that historically, extreme instances of Bitcoin price drops, sometimes reaching 95%, occurred only in the early days following the cryptocurrency’s launch. She believes that such fluctuations in BTC‘s price are unlikely to recur. Even a 50% drop in Bitcoin is now perceived by investors as less dramatic. This indicates that Bitcoin is gaining a reputation as a mature asset, rather than a speculative one, which corporate investors view as a reliable store of value—comparable to gold.
The head of ARK Invest believes that Bitcoin has already transitioned from its early experimental phase into a type of financial system, increasingly embraced by large corporations. Corporate investments in Bitcoin and the emergence of spot exchange-traded funds (ETFs) linked to BTC contribute to the long-term stability and growth of the leading cryptocurrency, Wood added.
Currently, spot Bitcoin ETFs and corporate treasury bonds in the U.S. account for approximately 12% of the total Bitcoin supply, indicating deep integration into the economy. Over the past year, assets in cryptocurrency exchange-traded funds have increased by 19.7%, from 1.12 million to 1.29 million BTC, while corporate holdings have risen by 73%—from 598,000 to 1.09 million BTC. According to Wood, this shift significantly alters market behavior.
In a report titled Big Ideas ‘2026, ARK Invest forecasts that by 2030, Bitcoin’s market capitalization could reach $16 trillion. The firm estimates that in the next five years, the first cryptocurrency could grow at an annual rate of approximately 63%. Given Bitcoin’s fixed supply of 21 million, this would imply a price of around $761,900, nearly ten times its current value. Bitcoin is currently trading above $66,000, remaining below the critical level of $70,000. It is approximately 47% below its all-time high of $126,198, reached on October 6, 2025.
In 2024, Cathie Wood predicted that by 2030, Bitcoin could be trading at $1.5 million, attributing her optimism to the approval of spot Bitcoin ETFs in the U.S. Investment firms have sought this approval for several years.