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ARK Invest’s Bold Bitcoin Bet: $2.4M Price Target by 2030 in Bull Case

ARK Invest’s Bold Bitcoin Bet: $2.4M Price Target by 2030 in Bull Case

Coindesk
Author:
Coindesk
Release Time:
2025-04-25 08:50:34
0

ARK Invest just doubled down on crypto—hard. Their latest research suggests Bitcoin could hit $2.4 million by 2030 if institutional adoption accelerates. That’s not a typo.

Why the moon-shot target? The report cites four catalysts: spot ETF inflows, miner profitability, regulatory clarity (finally), and that classic hedge against monetary debasement. Because clearly, fiat currencies are doing just fine.

Of course, the bear case sits at a mere $258K—pocket change for any self-respecting crypto whale. Either way, ARK’s modeling implies Bitcoin’s market cap could surpass gold’s within six years. Take that, boomer asset.

Wall Street analysts are already scoffing. But remember: these are the same folks who called $20K Bitcoin a bubble in 2017. Now grab your popcorn—the next halving’s coming in hot.

Exchange Balance (Glassnode)

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