Crypto Market Cap To $25 Trillion: Cathie Wood Reveals The 2 Coins To Buy.

Cathie Wood, CEO of Ark Invest, has

reiterated her bullishness on the crypto industry. In a recent interview with

CNBC's "Squawk Box," Cathie Wood

argued that the crypto industry is poised

to reach a $25 trillion valuation, given a

regulatory breakthrough in the US. Out of

the multitude of digital assets on the

market right now, Wood sees two

cryptocurrencies driving much of that

growth: Bitcoin and Ethereum.

Cathie Wood Predicts $25 Trillion Crypto Ecosystem.

The entire crypto industry has witnessed unprecedented growth since the middle of October. According to data from Coingecko, the entire crypto market cap has increased 35% from $1.096 trillion on October 15th to a current value of $1.4828 trillion.

However, Cathie Wood is of the notion

that this growth isn't over, and the

industry will reach a $25 trillion valuation

in the near future. A $25 trillion market

cap means the industry would have to

grow a whopping 1,585% from its current level.

Cathie Wood had predicted earlier in 2021 that Bitcoin would climb more than 10 times its value in the next five years, back when the asset was still trading around $50,000. Given that Bitcoin is now selling at around $37,000, the host of Sqwauk Box, Andrew Ross Sorkin, questioned Wood as to whether or not she still stands by her prediction.

"If we have this conversation in '25, '26, are you on track?" Sorkin asked. "Yes," Wood replied.

The CEO did mention that this growth would be feasible only if there were a regulatory green light to allow financial institutions to participate in the cryptocurrency market. She also brought up the role that Spot Bitcoin ETFs will play in the projected spike, particularly BlackRock and Coinbase's plan to offer a spot Bitcoin ETF in the US.

"I think BlackRock and Coinbase's partnership is going to be very important," she said.