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Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-tradedfunds (ETFs) focused on technological innovations. Economic settlement network: Bitcoin could eliminate a number of fees imposed by banks and financialinstitutions, capturing between 1% and 10% of U.S. bank settlement volume.
High-net-worthindividuals: Ark believes Bitcoin will account for 1% (bear) to 5% (bull) of assets held by high-net-worthindividuals (HNWIs) by 2030. Institutional investors: Ark believes Bitcoin will account for 1% (bear) to 6.5% (bull) of institutional assets by 2030.
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