{"id":124243,"date":"2025-04-25T08:25:42","date_gmt":"2025-04-25T08:25:42","guid":{"rendered":"https:\/\/teknomers.com\/en\/could-bitcoin-reach-2-4-million-by-2030-ark-invests-audacious-prediction-disturbs-crypto-markets\/"},"modified":"2025-04-25T08:25:42","modified_gmt":"2025-04-25T08:25:42","slug":"could-bitcoin-reach-2-4-million-by-2030-ark-invests-audacious-prediction-disturbs-crypto-markets","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/could-bitcoin-reach-2-4-million-by-2030-ark-invests-audacious-prediction-disturbs-crypto-markets\/","title":{"rendered":"Could Bitcoin Reach $2.4 Million by 2030? ARK Invest\u2019s Audacious Prediction Disturbs Crypto Markets"},"content":{"rendered":"

What are the key factors contributing to Bitcoin’s sustained price near $93,628? How does BlackRock’s increased investment in Bitcoin reflect institutional confidence in the cryptocurrency? What does Charles Edwards’ Energy Value model suggest about Bitcoin’s long-term potential? How will the SEC’s delayed decision on the Polkadot ETF impact the broader cryptocurrency market? What are the implications of the recent regulatory shifts for U.S. banks engaging in crypto activities?<\/strong> <\/p>\n

Bitcoin (BTC) remains resilient near $93,628 as of April 25, easing just 0.5% during the Asian session. Despite minor intraday softness, the broader trend remains intact, supported by intensifying institutional interest. <\/p>\n

BlackRock, the world\u2019s largest asset manager, recently increased its Bitcoin holdings by 12,500 BTC, valued at $327.3 million, bringing its total exposure to approximately $1.16 billion. This move underscores growing confidence in Bitcoin as a treasury asset and macro hedge. <\/p>\n

Meanwhile, Bitcoin\u2019s current price still trades about 40% below its estimated intrinsic value of $130,000, according to the Energy Value model by Capriole\u2019s Charles Edwards\u2014suggesting long-term upside remains. <\/p>\n

Polkadot ETF Postponed as SEC Reviews 70+ Crypto Funds<\/span><\/h2>\n

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Elsewhere, the SEC has delayed its decision on Grayscale\u2019s Polkadot (DOT) ETF, now scheduled for June 11, 2025. This is part of a broader review involving more than 70 crypto fund proposals, including ETFs tied to XRP, Solana, and Dogecoin.<\/p>\n

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\"\ud83d\udea8\" NEW: SEC Delays decision on Polkadot ETF.
The SEC has extended its review of Nasdaq\u2019s proposal to list the Grayscale Polkadot Trust ($DOT) and will make a final decision by June 11th. pic.twitter.com\/SwgGgTQLM0<\/a><\/p>\n

— Cointelegraph (@Cointelegraph) April 24, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

While delays continue, the policy tone is softening. Institutional interest and political pressure are mounting\u2014hinting that a more constructive ETF landscape may be approaching.<\/p>\n

Regulatory Shifts: Green Light for U.S. Banks on Crypto<\/span><\/h2>\n

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The regulatory tide appears to be turning. In a coordinated move, the Federal Reserve, FDIC, and OCC have withdrawn prior guidance that required banks to seek pre-approval before engaging in crypto-related activities.<\/p>\n

This reversal eliminates four key warnings issued in 2022 and 2023, which had cast a chilling effect on bank participation. Going forward, banks will rely on internal risk frameworks, while regulators shift to standard supervisory monitoring\u2014a model that promotes innovation while managing systemic risk.<\/p>\n

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\"\ud83c\udfe6\"\"\ud83d\udcb1\"\"\ud83d\udcc9\" U.S. Regulators Roll Back Crypto Caution Memos in Shift Toward Industry-Friendly Stance
\"\ud83d\udd39\" Summary:
U.S. banking regulators, including the Federal Reserve, FDIC, and OCC, have withdrawn key guidance documents that had urged banks to seek prior approval and exercise\u2026 pic.twitter.com\/vyQ9a9LwSc<\/a><\/p>\n

— PiQ (@PiQSuite) April 24, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

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What It Means for Bitcoin:<\/span><\/h3>\n

Looser banking oversight reduces institutional friction. With fewer barriers to entry, crypto-native and traditional firms alike may accelerate their integration of Bitcoin\u2014supporting long-term demand and price stability.<\/p>\n<\/blockquote>\n

ARK Invest\u2019s $2.4 Million Bitcoin Forecast: What\u2019s Behind It?<\/span><\/h2>\n

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In its latest research update, ARK Invest projected Bitcoin could reach $2.4 million by 2030<\/a> under a bullish scenario. The base and bear case forecasts were adjusted to $1.2 million and $500,000, respectively. The bold outlook is driven by three central themes:<\/p>\n