US-based investment company Ark Invest made a remarkable prediction for Bitcoin in its annual “Big Ideas” report. The company estimates that Bitcoin’s total market capitalization could reach $16 trillion by 2030. This figure represents more than a tenfold increase compared to the current level of approximately $1.5 trillion.
According to the report, this growth represents an increase rate of approximately 63% on an annual compound basis. Ark Invest analysts state that the most important driving force behind this rise will be the full entry of institutional investors into the market.
It is stated that developments such as the increasing prevalence of spot Bitcoin ETFs, the greater inclusion of Bitcoin in corporate balance sheets, and some countries considering Bitcoin as a reserve asset will accelerate the process.
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