ARK Invest: "Bitcoin (BTC) market cap seen reaching $16 trillion by 2030"

Source
JH Kim

Summary

  • ARK Invest said Bitcoin (BTC)’s market capitalization could reach $16 trillion by 2030.
  • ARK Invest analyzed that the overall digital-asset market could grow to $28 trillion by 2030, with Bitcoin taking 60–70% dominance.
  • ARK Invest said the long-term growth outlook is supported by the spread of Bitcoin ETFs, listed companies’ Bitcoin holdings, smart-contract platforms, decentralized finance (DeFi), and tokenized assets.
Cathie Wood, CEO of ARK Invest/Photo=ARK Invest
Cathie Wood, CEO of ARK Invest/Photo=ARK Invest

ARK Invest, led by Cathie Wood, said Bitcoin (BTC)’s market capitalization could reach $16 trillion by 2030.

According to The Block, a cryptocurrency-focused outlet, ARK Invest said in a recent report that “the total digital-asset market could grow to about $28 trillion by 2030, with Bitcoin accounting for 60–70% of market share (dominance).”

The report cited the expansion of institutional investment via ETFs and growing corporate Bitcoin holdings as key drivers. ARK Invest explained that “as Bitcoin’s volatility gradually declines, its status as a store of value as ‘digital gold’ is becoming more firmly established.” Bitcoin held by Bitcoin ETFs and listed companies is estimated at about 12% of total supply.

ARK Invest also projected that the market capitalization of smart-contract platforms could grow to about $6 trillion by 2030, adding that the outlook reflects long-term growth potential driven by the expansion of decentralized finance (DeFi) and tokenized assets.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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