News

Published on 17 Apr 2024 on Benzinga via Yahoo Finance

Cathie Wood's Bullish Ethereum (ETH) Prediction: How Much $1,000 And $10,000 Invested Could Be Worth


Article preview image

Cathie Wood's Bullish Ethereum (ETH) Prediction: How Much $1,000 And $10,000 Invested Could Be Worth

While Bitcoin has made headlines in 2024 with the approval of spot exchange-traded funds (ETFs) and the upcoming halving, Ethereum (ETH) is potentially positioned to make waves in the coming months and years, according to Ark Invest CEO Cathie Wood.

Ark Invest held its Big Ideas event, an annual opportunity to review high-level market trends and potentially disruptive technologies. At one of these events, Wood asserted that Ethereum could reach a market capitalization of $20 trillion by 2032.

CRYPTO.ETH price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Coinbase reports first-quarter revenue beat after bitcoin rally leads surge in profit

Coinbase reported better-than-expected revenue in its first-quarter earnings report on Thursday. ...

CNBC 2 May 2024

Ethereum price today: ETH is up 25.53% year to date

The highest intraday price that ethereum reached in the past year was $4,088.00 on March 12, 2024...

USA Today 2 May 2024

3 Altcoins Look to Recover April's Losses in May: How to Trade Ethereum, BNB, PEPE | Investing.com...

BNB held stronger than others, currently consolidating between $550 and $650. Memecoin PEPE...

Investing.com 2 May 2024

3 Losers of the Bitcoin Halving

The conventional wisdom is that the halving will send the price of Bitcoin (CRYPTO: BTC) soaring....

Motley Fool via Yahoo Finance 1 May 2024

Bitcoin, Ethereum ETFs disappoint in Hong Kong debut

The recently approved Bitcoin (BTC) and Ethereum (ETH) Spot Exchange Traded Funds (ETFs) in Hong ...

The Forex Market 30 Apr 2024

Hong Kong Launches Asia’s First Spot Bitcoin and Ethereum ETFs

The Hong Kong Stock Exchange debuts three spot Bitcoin ETFs and three spotEthereum ETFs as Asia’s...

Cryptonews 29 Apr 2024

Hong Kong issuers don’t care if SEC declares Ethereum a security, official says ahead of BTC, ETH...

Hong Kong Bitcoin and Ethereum ETFs are due to go live on the Hong Kong Stock Exchange on Monday,...

The Forex Market 29 Apr 2024

Why Ethereum, Dogecoin, and Bitcoin Cash Are Slumping Today

Many of the closest-watched large-cap cryptocurrencies are seeing significant selling pressure in...

Motley Fool via Yahoo Finance 29 Apr 2024

1 Top Cryptocurrency to Buy Before It Hits a $1 Trillion Valuation, According to Cathie Wood

When it comes to making forecasts about the future direction of the crypto market, there's arguab...

Motley Fool via Yahoo Finance 29 Apr 2024

Should You Buy Dogecoin While It's Still Below $0.20?

About three years ago, Dogecoin (CRYPTO: DOGE) was on an incredible journey "to the moon." The do...

Motley Fool via Yahoo Finance 27 Apr 2024