Ark Invest predicts Bitcoin price to reach $300000 to $1.5 million by 2030

Ark Invest analyst and portfolio manager David Puell stated that Bitcoin is entering an institutionalized and low volatility cycle, and it is expected that the launch of spot Bitcoin ETFs and the development of digital asset treasury strategies in 2024 will drive market maturity. The total holdings of ETFs and digital asset treasury have exceeded the total supply of Bitcoin by about 12%, becoming one of the main driving factors for the price trend in 2025. Ark Invest predicts that the price of Bitcoin in 2030 will be around $300000 in a bear market scenario, $710000 in a benchmark scenario, and $1.5 million in a bull market scenario. David Puell believes that a decrease in volatility and a narrowing of drawdown will attract investors with lower risk appetite.