Ark predicts spectacular growth for Ethereum

Ark predicts spectacular growth for Ethereum
Moreover, she believes that this trend will not be challenged. However, Wood also continues to predict a significant increase in the value of BTC. Its price will increase tenfold over the next five years. By 2026, Bitcoin will be worth around $500,000. But Ether is also expected to rise sharply. Cathie Wood justifies this assumption by the growth of NFTs and DeFi, but also by the migration to ETH 2.0. However, she is not content with just announcing a prediction. Ark Investment intends to incorporate this scenario into the very composition of its crypto portfolio. Thus, in the future, it should consist of 60% Bitcoin and 40% Ether. For Wood, Bitcoin therefore remains the reference crypto currency. The adoption of BTC as a legal currency in El Salvador allows it to retain this status. In addition, other countries could follow suit, she believes.
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