ARK Invest Predicts Bitcoin Could Reach $1.5 Million by 2030
ARK Invest has shared an ambitious forecast, suggesting that Bitcoin could skyrocket to $1.5 million by 2030. This optimistic view is primarily driven by the anticipated impact of institutional investments, especially through spot ETFs. According to ARK, Bitcoin has the potential to capture up to 6.5% of the projected $200 trillion global portfolio market by 2030. This analysis brings attention to the potency of institutional involvement in cryptocurrencies and its long-term implications. Investors should consider this prediction while strategizing their investments in Bitcoin and other digital assets. Keeping abreast of developments in institutional investment can illuminate trends in the crypto sector.