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Cathie Wood says big-money investors could add $500,000 to bitcoin’s price

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Catherine Wooden, chief government officer of ARK Funding Administration LLC, speaks through the Milken Institute World Convention in Beverly Hills, California, on Monday, Oct. 18, 2021.

Kyle Grillot | Bloomberg | Getty Pictures

Broadly adopted investor Cathie Wooden mentioned Thursday growing allocation to bitcoin from hedge funds and different giant traders may add $500,000 to the cryptocurrency’s worth over time.

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