The Daily: Ark Invest sees bitcoin topping $750K by 2030, Senate Agriculture Committee releases crypto market structure bill text, and more

The daily crypto briefing highlights several key developments, notably Ark Invest's projection that Bitcoin's market capitalization will reach $16 trillion by 2030, implying a price near $762,000, driven by institutional adoption. The firm expects Bitcoin to capture 60% to 70% of the total crypto market, projected to reach $28 trillion. In regulatory news, the Senate Agriculture Committee released updated text for its crypto market structure bill, though Chair John Boozman noted that key policy differences remain. Furthermore, Superstate secured $82.5 million in a Series B funding round to expand its infrastructure for onchain equity issuance. Other news includes Vietnam opening licensing for crypto exchanges with a high capital requirement, and U.S. spot Bitcoin and Ether ETFs experiencing nearly $1 billion in combined net outflows on Wednesday.

(Source：The Block)