Ark Invest predicts bitcoin will reach $300,000 to $1.5 million by 2030

Ark Invest analyst and portfolio manager David Puell stated that bitcoin is entering a period of institutionalization and low volatility. He expects that the launch of spot bitcoin ETFs in 2024, along with the development of digital asset treasury strategies, will drive market maturity. The combined holdings of ETFs and digital asset treasuries have reached about 12% of bitcoin's total supply, becoming one of the main driving factors for price trends in 2025. Ark Invest forecasts that by 2030, the price of bitcoin will be around $300,000 in a bear market scenario, approximately $710,000 in a base case scenario, and about $1.5 million in a bull market scenario. David Puell believes that declining volatility and narrower drawdowns will attract investors with lower risk appetites.