Cathie Wood praised Hong Kong's comprehensive cryptocurrency regulations during her speech at the Hong Kong Web3 Festival.

She commended the region's Securities and Futures Commission for creating a strong framework for crypto trading.

Wood voiced concerns about the United States' lack of regulatory clarity, leading to a brain drain in the crypto industry.

She called for the U.S. to take action for better regulatory treatment to retain talent and foster industry growth.

Wood reaffirmed her prediction that Bitcoin could reach a value of $1.5 million by 2030.

She touched on the influence of web3 and the future of AI integration in blockchain technology.