Sumary of Cathie Wood praises Elon Musk, calls SEC boss Gary Gensler hardcore, and says bitcoin will hit $500,000 in a new interview. Here are the 13 best quotes.:
- Cathie Wood praised Tesla CEO Elon Musk and said she’s happy hardcore regulator Gary Gensler understands crypto.
- Bitcoin could soar to $500,000 in the next five years, the Ark Invest CEO said in a recent SALT Conference interview.
- Ark Invest CEO Cathie Wood called Tesla boss Elon Musk a visionary, described SEC chief Gary Gensler as a hardcore regulator, and revealed what it would take for her firm to step up investments in China, in a recent interview with CNBC anchor Andrew Ross Sorkin.
- In the SALT conference interview, she also predicted bitcoin would surge to $500,000 within five years if companies continue to diversify their cash into the cryptocurrency and institutional investors allocate 5% of their funds to it.
- ” – the longtime Tesla bull’s comment on the company’s CEO Elon Musk.
- 2. “I’m really happy he understands crypto and understands the merits of bitcoin in particular.
- ” – on Gary Gensler, the chair of the Securities and Exchange Commission, who is pushing to regulate crypto exchanges more closely.
- ” – her cryptocurrency of choice, if she could own just one.