Why Cathie Wood's ARK Invest Modified Its $1.5M Target | CoinDesk Spotlight
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 12 August 2025
⏱️ 51 minutes
🧾️ Download transcript
Summary
Insights into the past, present and future of the crypto industry with Cathie Wood.
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ARK Invest founder, CEO and CIO Cathie Wood joins "CoinDesk Spotlight" to explain how the rapid adoption of stablecoins is causing a shift in her famous $1.5 million bitcoin forecast. Plus, the personal journey that sparked her passion for economics, her unique investment philosophy, and the advice she would give to her younger self.
This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Spotlight” is produced by Sam Ewen, Jennifer Sanasie, Taylor Fleming and Victor Chen.
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Transcript
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| 0:00.0 | Searching for a romantic summer getaway. Escape with Rich Girl Summer, the new Audible original |
| 0:05.2 | from Lily Chew. The exquisitely talented Philippa Sue, returning to narrate her fifth |
| 0:10.2 | Lily Chew title. This time, Philippa is joined by her real-life husband, Stephen Pasquale, |
| 0:15.5 | set in Toronto's wealthy cottage country, aka the Hamptons of Canada, rich girl Summer follows the story of Valerie, |
| 0:22.1 | a down-on-her-luck event planner posing as a socialite's long-lost daughter, while piecing |
| 0:26.5 | together the secrets surrounding a mysterious family and falling deeper and deeper in love with the |
| 0:31.7 | impossibly hard to read and infuriatingly handsome family assistant, Nico. Caught between pretending to belong |
| 0:38.2 | and unexpectedly finding where she truly fits in, |
| 0:41.3 | Valerie learns her summer is about to get far more complicated |
| 0:44.0 | than she ever planned. |
| 0:45.8 | She's in over her head and head over heels. |
| 0:48.5 | Listen to Rich Girl Summer, now on Audible. |
| 0:51.2 | Go to audible.com slash rich girl summer. |
| 0:53.7 | We're becoming very surprised at how |
| 0:56.5 | quickly the uptake of stable coins is. So if we had to modify anything in that $1.5 million |
| 1:03.5 | forecast, you'd probably see the, and you can see on a table in big, 2025, how we build up the bull case. |
| 1:13.8 | We'd probably take a little bit from the emerging market part of that stack. |
| 1:19.3 | I think we can safely say that our bullcase is well over a million, well over a million dollars in five years. |
| 1:32.2 | Thank you. well over a million dollars in five years. Kathy Wood, welcome to Coin Desk Spotlight. |
| 1:34.8 | Thank you, Jen. |
| 1:35.7 | I'm so happy to be here. |
| 1:37.6 | Well, we are so happy to have you. |
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