In the Big Ideas 2025 report, Ark Invest CEO Cathie Wood anticipates Bitcoin soaring to a staggering $1.5 million by 2030. The leading digital asset is not going to give up its flagship status.
According to Cathie Wood, negative investor sentiment in the crypto market is currently weighed down by the escalating trade tensions between the US and China. The situation worsened after the introduction of new tariffs, resulting in a massive $500 million capital outflow from spot Bitcoin ETFs in just a few days.
However, the first cryptocurrency has bright prospects for a long-term uptrend. Meanwhile, institutional investors have been ramping up BTC purchases. “Many people know us for our [Bitcoin] bull case, $1.5 million,” Wood stated in a video published on February 11, adding: “We actually think the odds have gone up that our bull case will be the right number, because of what is becoming the institutionalization of this new asset class.”
Analysts believe that positive forecasts for Bitcoin are well-founded. Experts suggest that over time, Bitcoin’s volatility will decrease as a more favorable regulatory environment takes shape in the market.
Earlier, Michael van de Poppe, founder of MN Consultancy, said that the current Bitcoin cycle is “fundamentally different” from previous ones. The market is now driven by corporations and institutional investors sharing a long-term bullish outlook on BTC. Such large market players set the market tone and shape the news and financial agenda, creating a benign environment for the world’s first cryptocurrency, the expert emphasized.
