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Bitcoin price may hit $300,000 to $1.5 million by 2030, Ark Invest Says
With ETFs and corporate treasuries absorbing more bitcoin than expected, the market is entering a more institutional, lower-volatility era.
Ark Invest still sees bitcoin reaching between $300,000 and $1.5 million by 2030, driven by its digital gold narrative and institutional adoption, according to analyst and portfolio manager David Puell.
ETFs and digital asset treasury strategies have already absorbed roughly 12% of bitcoin’s supply, reshaping demand dynamics.
Declining volatility and smaller drawdowns could make bitcoin increasingly attractive to more risk-averse investors over the next cycle, Puell said