Institutional demand to drive bitcoin market cap to $16 trillion by 2030: Ark Invest

The figure implies a sharp increase in the bitcoin price. What to know : Ark Invest projects bitcoin’s market value will soar to $16 trillion by 2030, implying a more than 10-fold increase from today’s roughly $1.5 trillion. The firm flagged accelerating institutional adoption via ETFs and corporate treasuries, along with sovereign entities. Ark expects bitcoin to gain ground as “digital gold,” estimating it could capture about 40 percent of gold’s market value and benefit from even small allocations within a roughly $200 trillion global investment portfolio.