Cathie Wood, CEO of ARK Invest, speculated that the political ambitions of Gary Gensler, who may be eyeing the role of Treasury Secretary, might hinder approval of a Bitcoin spot ETF by the SEC.
Despite this, Wood remains optimistic that the ETF will eventually get approval, and envisions it as a catalyst for cryptocurrency market capitalization to reach $25 trillion (Rp. 387.5 quadrillion) by 2030.
Imagine that Bitcoin could reach 1 BTC = 8 billion with assets of 320 thousand trillion
