Cathie Wood’s Ark Invest projects bitcoin’s market cap at $16 trillion by 2030

In its annual ‘Big Ideas’ report, Cathie Wood’s Ark Invest has put forth a highly ambitious projection for Bitcoin (BTC), forecasting that the cryptocurrency’s total market capitalization could reach $16 trillion by the year 2030. This staggering valuation is contingent upon Bitcoin capturing meaningful shares of several major traditional asset classes, including gold, corporate treasuries, and a significant portion of emerging market currency hedges.

Ark analysts argue that Bitcoin is increasingly viewed as a superior alternative to traditional stores of value due to its provable scarcity, decentralized nature, and transparency. The report posits that institutional investors and corporations will continue to allocate capital to Bitcoin as a hedge against inflation and currency debasement. Specifically, Ark projects that Bitcoin will absorb a substantial percentage of the global wealth currently held in physical gold, whose market cap is estimated near $13 trillion.

If this market capitalization target is achieved, the value of a single Bitcoin could exceed $800,000, assuming the circulating supply approaches 20 million coins. Ark views Bitcoin’s core value proposition—robust security and improving layer-two scaling solutions, such as the Lightning Network—as the primary drivers that will facilitate wide-scale institutional and sovereign adoption over the next decade. While recognizing that this forecast is subject to market volatility and regulatory developments, Ark Invest maintains a strong conviction that Bitcoin will fulfill its role as a global, non-sovereign monetary asset, solidifying its position as a major fixture in the global financial landscape by the end of the decade.

Source: Cathie Wood’s Ark Invest projects bitcoin’s market cap at $16 trillion by 2030