According to Bloomberg, ARK Invest CEO Cathie Wood recently said that as part of the Department of Government Efficiency, Musk will be effective in new initiatives to reduce the size and scope of government because he is well aware of regulatory pressure and sources of obstacles. In addition, Cathie Wood reiterated the view that "Bitcoin may exceed $1 million by 2030" and said that Bitcoin is becoming scarcer than gold. The difference between gold and Bitcoin is that when the price of gold rises, Production will increase and the supply will increase faster, which will not happen with Bitcoin.