ARK Invest's research team thinks BTC could trade at $1.36 million by 2030, while ETH's market cap could reach $20 trillion.
Bitcoin’s Price Could Surpass $1 Million in the Next Decade, Says ARK InvestARK Invest’s research team thinks BTC could trade at $1.36 million by 2030, while ETH’s market cap could reach $20 trillion.
In turn, Cathie Wood – has displayed a pro-bitcoin stance numerous times as well. At the end of last year, sheIn its most recent research, ARK Investeven more significant expansion for bitcoin – $1.36 million per single coin by 2030. The team estimated that this price increase could happen as the market cap of the cryptocurrency taps $28.5 trillion:
ARK Invest outlined several achievements, which the primary digital asset registered in the past months. These include surpassing $1 trillion in market capitalization in February 2021, the approval of the first BTC ETF by Canadian regulators, and the SEC’s green light on theSubsequently, the team pointed out that the crypto asset has received more attention from institutional investors who want to hold it long-term.