Bitcoin market cap could hit $16 trillion by 2030 driven by institutional demand, says Ark Invest

Ark Invest forecasts bitcoin's market capitalization to soar to $16 trillion by 2030, a more than 10-fold increase from the current $1.5 trillion. This growth is expected to be driven by rising institutional adoption through ETFs, corporate treasuries, and sovereign entities, positioning bitcoin as "digital gold." The broader crypto market could reach $28 trillion by 2030, with bitcoin potentially capturing 40% of gold's market value. This implies a bitcoin price exceeding $730,000 if all coins were in circulation, highlighting its growing role as a hedge and reserve asset in global portfolios.