Whoa, Cathie Wood is hyping up Bitcoin again! This time she’s calling for $750K—what happened to $1M? Cathie Wood: By 2030, the base case is around $750K. Since 2019, the correlation between Bitcoin and gold has been just 0.1—they’ve basically been doing their own thing. Recently, gold has been going up, while Bitcoin has been dropping. In her view, this might actually attract institutions to rebalance their portfolios, since big asset management firms love combining low-correlation assets to diversify risk. Some institutions that have never bought Bitcoin before might be considering dipping their toes in with just 1% of their funds.