Bitcoin (BTC) market cap to hit $16 trillion by 2030, driven by institutional demand: Ark Invest

Ark Invest's annual "Big Ideas" report forecasts that Bitcoin's market capitalization will surge to $16 trillion by 2030, a tenfold increase from its current $1.5 trillion. This growth is expected to be fueled by accelerated institutional adoption and Bitcoin's increasing recognition as a global investment asset. The report suggests this could lead to a Bitcoin price exceeding $730,000, even if all 21 million coins were in circulation. Ark Invest, led by Cathie Wood, has consistently been bullish on Bitcoin, previously forecasting prices between $300,000 and $1.5 million by 2030. The report highlights Bitcoin's maturation, citing its inclusion in ETFs, corporate treasuries, and sovereign entities. Institutional ownership of Bitcoin has already risen, with U.S. ETFs and public companies holding approximately 12% of the total supply by the end of last year. The perception of Bitcoin is shifting from a speculative asset to "digital gold," a macro hedge, and a reserve asset. The report estimates that even a modest 2.5% penetration into global institutional portfolios could add $5 trillion to Bitcoin's valuation. Furthermore, capturing 40% of gold's market value could add nearly $10 trillion. Additional growth is anticipated from demand for a neutral reserve asset and allocations from nation-states and corporate treasuries.

(Source：CoinDesk)