Cathie Wood: Ethereum to $165,000 says ARK Invest! NEW Ethereum Price Prediction (2022)
Cathie Wood and the team over at ARK Invest say the Ethereum price could hit over $165,000 within the next 10 years! Having just released their annual “Big Ideas for 2022” presentation, there is a SHOCKING Price Prediction for all holders of Ethereum. According to their research, the Ethereum market cap could increase to over $20 Trillion in value.
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No, it is not clickbait, Cathie Wood and her firm ARK Invest really have put out a SHOCKING price target for Etheruem at $165,000 dollars. Contrarian Investor Cathie Wood has been very vocal about her bullish stance on Bitcoin & has not been shy sharing her firms $500,000 dollar target for the number 1 digital asset.
However, we had never heard of an Ethereum target, until now. We knew Ark Invest alongside Cathie were Bullish on Ethereum from small hints in interviews towards the end of 2021 as well as filings showing ARK had been buying up Ethereum ETF’s, however they never specifically gave a price target.
That all changed just this week with ARK Invest hosted a Big Ideas Summit, in which they shared how they believe Ethereum can get to a $20 Trillion Market Capitalisation in the next 10 years, which would put an individual Ethereum at over $165,000 per ETH.
In this video, we will cover and break down everything Cathie Wood has had to say on Ethereum leading up to this price target as well as the analysis of just how ARK Invest gets to their valuation.
First up, here’s everything Cathie Wood has had to say on their outlook for Ethereum up until today, followed by a breakdown of their ETH price target. Make sure to stick around to the end of the video where I will cover some of the latest on-chain Ethereum data, to see where the price is likely to go, in the short term.
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world’s largest actively traded ETF that focuses on disruptive technologies.
Cathie Wood has made her fortunes from being right when others are wrong. Tesla, Amazon, Square to name a few. So what is going on here? How can Cathie Wood be so Bullish on Bitcoin yet be convinced that we are going to see a deflationary crash as opposed to inflation. In this video, we will go over how Cathie Wood things everyone is wrong, why she thinks Deflation is coming and HOW she can remain so Bullish on Bitcoin with a 500K price prediction, if she doesn’t expect inflation.
(Air Date: February 5, 2022)
To watch the full unedited livestream featuring Cathie Wood, check out:
0:00 ‘How Ethereum can hit $165,000 by 2032 – ARK Invest’
2:20 Cathie Wood Increasingly Bullish On Ethereum…
5:30 Cathie Wood Latest Outlook On Crypto Markets (Bitcoin & ETH)
6:55 ARK Invest Big Ideas 2022 (Ethereum Price Target)
7:18 SHOCKING ARK Invest Story – (BULLISH For Ethereum!)
7:43 ARK Invest Analyst On Ethereum In 2022
9:24 Ethereum 2.0 Is Coming!
12:10 How Ethereum Gets To $20 Trillion Market Cap By 2032!
13:03 ARK Invest Ethereum Price Prediction ($167,434 per ETH!)
13:34 Ethereum Could Go EVEN HIGHER!
14:34 Latest On-Chain Ethereum Data (BULLISH!)
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#Ethereum #Bitcoin #CathieWood