# Cathie Wood Says Large Allocators May Be Taking First Bitcoin Positions

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/34743
Published: 2026-10-19T11:49:25.000Z
Updated: 2026-10-19T11:49:25.000Z
Section: People

> Wood separately put her Bitcoin base case closer to $750,000 per coin; the price outlook does not quantify allocator purchases.

ARK Invest founder and CEO Cathie Wood said large asset allocators are probably rebalancing gradually and may be taking their first positions in Bitcoin (BTC). She described possible activity without identifying purchases or providing allocation data.

Wood separately put her base case for Bitcoin closer to $750,000 per coin. That price outlook does not quantify allocator buying. Wood gave no purchase total or count of potential first-time buyers.