ARK Invest anticipates Bitcoin could reach 1,500,000 USD by 2030, supported by institutional demand. Their base case evaluates the price at 710,000 USD, with a bear case of 300,000 USD.
They believe Bitcoin could capture 60% of gold’s market capitalization, driven by increasing allocations from institutions and significant adoption in emerging markets.
The firm also forecasts that institutions may allocate 2.5% to 6.5% of their portfolios to Bitcoin, anticipating a pivotal shift in financial investments.
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