Benzinga – Earlier in the year, Bitcoin dominated financial headlines thanks to its recent halving and the emergence of spot exchange-traded funds (ETFs) boosting its demand. However, Cathie Wood of Ark Invest made a bullish prediction that Ethereum (ETH) may soon catch up to Bitcoin and potentially offer investors significant returns in the years ahead.
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Speaking at Big Ideas, an investor conference hosted by Ark Invest, Wood shared her optimistic outlook on Ethereum. She projected that Ethereum’s market capitalization could soar to $20 trillion by 2032. Given Ethereum’s current supply of approximately…
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