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The launch of the Bitcoin ETFs surpassed all records & expectations. Not only have the ETFs taken in 10’s of billions of dollars for Bitcoin, BlackRocks Bitcoin ETF alone holds over 250,000 Bitcoin, which is insane.

However, in her latest interview, ARK Invest’s Founder & CEO, Cathie Wood said that we’ve seen nothing yet.

Despite smashing every ETF record possible, the Bitcoin ETFs still have not made their way into major financial institutions and wirehouses offerings. This means, the main clients that the ETFs will serve, still do not have access to even begin allocating towards Bitcoin.

This is why Cathie believes we haven’t even seen the beginning of it, as traditional financial institutions are slow moving, such as Morgan Stanley, UBS and Bank of America. As soon as they make a move and offer the ETFs to their clients, that is when we will see the real FRenzy of demand for the Bitcoin ETFS.

Alongside 21 Shares co-founder Ophelia Snyder, Cathie Wood spoke on her outlook, believing huge growth in institutional demand is on the horizon and will be unlike anything we've witnessed before.

Not only do they discuss the upcoming wave of institutional demand, but Make sure to stick around to the end of the video where Cathie's breaks down her bullish Bitcoin prediction of 1.5 million dollars per coin.

About Cathie Wood:

Catherine Duddy Wood is an American investor and the founder, CEO and CIO of Ark Invest, an investment management firm.

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