ARK CEO: Bitcoin is 'public good' - Breaking The News

ARK CEO: Bitcoin is 'public good'

11 January

1 min read

UNSPLASH / ALEKSI RAISA

ARK Investment Management LLC CEO Cathie Wood told CNBC on Thursday that Bitcoin is a "public good" and should be accessible to all investors.

The comments come after the United States Securities and Exchange Commission (SEC) approved a number of spot Bitcoin exchange-traded funds (ETFs) applications.

When it comes to Bitcoin price forecasts, Wood said that the company's "base case is $600,000 range, [while its] bull case is $1.5 million by 2030."

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