Institutions expected to drive Bitcoin appreciation in the next 5-10 years.

Jafar224

Ark Invest CEO Cathie Wood has stated that the approval of a Bitcoin spot ETF by the SEC could be the "ultimate seal of approval" for institutions considering entering the crypto space. She mentioned, "I think it's all part and parcel, and if you look at our expectations for the appreciation of bitcoin, we believe the biggest driver of appreciation in the next five to ten years will come from institutions." The executive has previously indicated that, in the long term, the price of one Bitcoin could reach $1 million or higher.

Samiksha

Institutions have the financial capacity to make significant moves.

Ritu77

Bitcoin is something worth looking into.

Jatin255

The conclusion is likely accurate; individuals may not have the capability.

Jiger955

It remains uncertain whether Bitcoin can continue to rise.