According to Bloomberg, ARK Invest CEO Cathie Wood said in an interview that Trump’s election will bring about a wave of acquisitions of private companies that were previously hindered by cumbersome regulatory procedures. She pointed out that policy adjustments by the Federal Trade Commission (FTC) will release potential M&A demand and create liquidity opportunities for venture capital. In addition, Musk will play an important role in reducing the size of the government. At the same time, Wood reiterated her prediction that Bitcoin will exceed $1 million by 2030. She emphasized that Bitcoin has a scarcity advantage over gold. When gold prices rise, mining companies will increase mining and accelerate supply growth, but this will not be the case with Bitcoin.