Cathie Wood’s Ark Invest doubles Bitcoin’s bullish outlook, predicting that major cryptocurrencies could surge to $1.5 million per BTC by 2030.
The company’s Big Ideas 2025 report, published on January 6, offers three possible price targets, and even in the worst-case scenario, Bitcoin still rose to $300,000, with a base case forecast of $710,000 I’m predicting that.
“Bitcoin is paced to meet its 2030 price target,” the report cites increasing adoption as digital gold, increased institutional investment and strengthening supply as a major driver. .
ARK spots Bitcoin Exchange Trade Funds (ETFs) as a game changer, focusing on record-breaking launches.
“On the first day of the transaction, Spot Bitcoin ETFs collected over $4 billion inflows, a record-breaking ETF launch that flowed into gold ETFs in the first month of November 2004. “It’s surpassing the influx of things,” the report states. “Spot inflow Bitcoin ETFs have warned the first month’s inflow to each of the 6,000 ETFs launched over the past 30 years.”
The company also mentions the company’s profits on Bitcoin, noting that public companies currently own more than $55 billion in BTC, representing a five-fold increase since 2023 .
ARK proposes Bitcoin’s unique position as “the most decentralized and transparent financial asset in history,” with long-term holders dominating the record supply share.
The Bitcoin supply percentage was last activated over three years ago. The report added that in 2024 it reached an all-time high of 40%.
The fourth Bitcoin Harving is another catalyst for future price increases. “Bitcoin’s annual inflation rate is below growth in long-term gold supply,” Ark points out.