Cathie Wood's Tokyo Meetup: Bringing Together Ethereum Advocates

Cathie Wood's Tokyo meetup unites two of Ethereum's biggest bulls - 1

Cathie Wood, the CEO of Ark Invest, hosted a significant meetup in Tokyo aimed at discussing Ethereum's potential. This gathering featured prominent figures in the Ethereum community, emphasizing Wood's strong belief in Ethereum and decentralized finance. While she adjusts her Bitcoin price forecast, her confidence in Ethereum remains steadfast.

Key Takeaways

Cathie Wood is optimistic about Ethereum, leading a meetup in Tokyo with key figures in the ETH community.
She has invested heavily in Tom Lee's organization, BitMine Immersion Technologies, which is a leading holder of Ethereum.
Wood downgraded her Bitcoin price prediction for 2030 from $1.5 million to $1.2 million, citing the rise of stablecoins.
As Ethereum continues to gain traction, it is priced around $3,125.

Cathie Wood Hosts a Meeting in Tokyo

Cathie Wood, the CEO of Ark Invest, continues to express her optimism about cryptocurrency, particularly focusing on Ethereum. On Tuesday, Wood organized an important meeting in Tokyo that brought together Wall Street strategist Tom Lee and Francis B. Zhou, CEO of Quantum Solutions. The purpose of this gathering was to dive into discussions regarding Ethereum's potential, as both Lee and Zhou play pivotal roles in major Ethereum-related initiatives.

Wood's support for these influential figures highlights her positive outlook on Ethereum and decentralized finance (DeFi). Through Ark Invest, Wood has made significant investments in Lee’s BitMine Immersion Technologies, which is known as the largest corporate holder of Ethereum, with an impressive $11.9 billion in ETH. Specifically, Ark Invest holds 8.06 million shares in BitMine, valued at $271.31 million across various Ark ETFs. Additionally, Ark has backed Quantum Solutions, the largest ETH-centric treasury outside the U.S., which boasts 5,030 ETH valued at $16.06 million.

Wood continues to advocate for Ethereum's essential role in decentralized finance, noting its ability to generate yield and suggesting that ETH will be a crucial player in the future of digital finance.

"Innovation thrives when leaders share ideas globally. Glad to help spark the conversation!"
— Cathie Wood (@CathieDWood) December 3, 2025

Bitcoin Price Forecast Adjustments

While Wood maintains a bullish view on Ethereum, she has revised her forecast for Bitcoin (BTC) for 2030, decreasing her price target from $1.5 million to $1.2 million. This adjustment was shared during an interview with CNBC last month. The shift comes as stablecoins, such as Tether's USDT and Circle's USDC, are experiencing significant growth and beginning to occupy some of the market roles traditionally held by Bitcoin.

Wood believes that increased adoption of stablecoins, especially in emerging markets, is key to this change. The growing use of stablecoins for transactions and savings marks a significant shift away from her earlier belief that Bitcoin would have a more prominent role in this sector.

This revised forecast follows a notable downturn for Bitcoin, which, after reaching its all-time high of $126,000 in October, has struggled to stay above $92,000. As for Ethereum, it is currently trading at approximately $3,125, highlighting its ongoing relevance in the cryptocurrency landscape.