ARK Predicts 15x Bitcoin Growth to $1.5 Million by 2030, Driven by Institutional Demand

Cathie Wood of ARK Invest forecasts a remarkable 15-fold increase in Bitcoin’s value, predicting it will reach $1.5 million by 2030. This prediction is fueled by rising institutional investment and the limited supply of Bitcoin. ARK Invest sees Bitcoin as a new asset class with unique value for large portfolios. The firm notes that only one million Bitcoin remains to be mined, creating a significant opportunity for buyers.