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Cathie Wood is one of the most vocal bulls on Wall Street when it comes to the potential of the technology sector. She founded ARK Investment Management, which operates several exchange-traded funds (ETFs) focused on investing exclusively in innovative technologies like cryptocurrency, artificial intelligence (AI), robotics, and more.
In fact, ARK was one of the first firms to win approval from the Securities and Exchange Commission to launch a Bitcoin (BTC -1.37%) ETF last year. Wood and her team are extremely bullish on the world's largest cryptocurrency, predicting it could soar 1,660% to $1.48 million per coin by the year 2030.
The crypto currently trades at around $84,000, which is 21% below its record high. If ARK's prediction is right, the recent dip could be a great buying opportunity.
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