ARK Invest CEO Cathie Wood reaffirmed her firm’s base case Bitcoin price target of $750,000 by 2030, citing generational wealth transfer, emerging market insurance, and accelerating institutional adoption as key drivers.
ARK Invest unveils updated 2030 price targets for Bitcoin, projecting a bull case scenario of $2.4 million per coin, fueled by institutional demand and broader adoption across financial sectors.
BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest daily inflow since January, as bitcoin surges above $92,000 amid improving macro conditions and renewed institutional interest.
U.S. spot Bitcoin ETFs recorded their strongest single-day performance since January, with ARK's fund leading inflows amid broader bitcoin market strength.
U.S. spot Bitcoin ETFs saw $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since August 6th. The outflow ended an eight-day streak of positive inflows totaling $756 million into the Bitcoin products.
PREDICT BITCOIN
