Cathie Wood, CEO of ARK Invest, again set out a long-term bullish case for Bitcoin on the Moonshots podcast, saying it could reach $1.5 million in a bull-case scenario as it matures into a leading institutional asset class. Bitcoin was trading around $77,000 at the time of the interview. ARK manages a spot Bitcoin ETF, and Wood’s thesis rests on rising institutional adoption, Bitcoin’s fixed supply and its role as a digital store of value and potential hedge against inflation and currency devaluation. She has also flagged a U.S. government purchase of Bitcoin as a catalyst that could speed the path to that target. A $1.5 million price would imply a market capitalization above $30 trillion, surpassing gold, and is framed as an ambitious bull case rather than a baseline forecast, dependent on adoption, regulation and macro conditions.